Companies Act (Cap. 386)

Companies Act (Cap. 386), article 381

Official PDF on legislation.mt

381. Unless otherwise agreed, the associate shall bear the losses in the same proportion in which he partakes in the profi ts, and his liability shall be li mited to his contribution. Agreements allowed between parties.

Have a question about the law?

The assistant answers from the same library and names the article it relies on.

Ask Margos AI →

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.