Companies Act (Cap. 386)

Companies Act (Cap. 386), article 12

Official PDF on legislation.mt

12. Where a partner has contributed to the partnership a debt owing to him, he shall not be discharged until the partnership obtains payment of the amount for which the debt was contribute d and, in case of non-payment at the due date, he shall be liable , jointly and severally with the debtor, for the said amount with interest from the date the debt contribut ed fell due. How a partnership is constituted.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.