Usufruct
Article 2809

Fiduciary duty; activities prejudicial to the partnership. ACTIVE

A partner owes a fiduciary duty to the partnership and to his partners. He may not conduct any activity, for himself or on behalf of a third person, that is contrary to his fiduciary duty and is prejudicial to the partnership. If he does so, he must account to the partnership and to his partners for the resulting profits.

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JSON Markdown Source (legis.la.gov)

References

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History

  • enactment Acts 1980, No. 150, §1

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Cite Article 2809

Bluebook
La. Civ. Code art. 2809 (2026).
Permalink
https://theusufruct.com/cc/2809
BibTeX
@misc{lacivcode-art-2809,
  title        = {La. Civ. Code art. 2809},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2809},
  note         = {Snapshot 2026-05-22}
}