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Code · Louisiana · Louisiana Revised Statutes

CC 2807

75 words·~1 min read·/la/2807

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CC 2807
Art. 2807. Decisions affecting the partnership.
Unless otherwise agreed, unanimity is required to amend the partnership agreement, to admit new partners, to terminate the partnership, or to permit a partner to withdraw without just cause if the partnership has been constituted for a term.
Decisions affecting the management or operation of a partnership must be made by a majority of the partners, but the parties may stipulate otherwise.
Acts 1980, No. 150, §1.
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