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Code · Louisiana · Louisiana Revised Statutes

CC 2803

60 words·~1 min read·/la/2803

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CC 2803
Art. 2803. Participation of partners.
Each partner participates equally in profits, commercial benefits, and losses of the partnership, unless the partners have agreed otherwise. The same rule applies to the distribution of assets, but in the absence of contrary agreement, contributions to capital are restored to each partner according to the contribution made.
Acts 1980, No. 150, §1.
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