Companies Act (Cap. 386)

Companies Act (Cap. 386), article 25

Official PDF on legislation.mt

25. (1) In so far as the deed of partnership does not otherwise provide, the administration and representation of the partnersh ip shall vest in each of th e partners severally. (2) A partnership may not be bound in favour of third parties except by a partner acting under the partnership-name and havin g the representation of the partner ship either by virtue of the d eed of partnership or by operation of law. (3) Where any such partner has acted as aforesaid, the partnership shall be bound even though it derives no benefit. Keeping of accounting records. Cap. 13.

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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.