Usufruct
Article 2842

Restrictions on the right of a partner in commendam to receive contributions. ACTIVE

A partner in commendam may not receive, directly or indirectly, any part of the capital or undistributed profits of the partnership if to do so would render the partnership insolvent. If he does so, he must restore the amount received together with interest at the legal rate.

If the partnership or the partners do not force the partner in commendam to restore the amount received, the creditors may proceed directly against the partner in commendam to compel the restoration.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1980, No. 150, §1

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Cite Article 2842

Bluebook
La. Civ. Code art. 2842 (2026).
Permalink
https://theusufruct.com/cc/2842
BibTeX
@misc{lacivcode-art-2842,
  title        = {La. Civ. Code art. 2842},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2842},
  note         = {Snapshot 2026-05-22}
}