Companies Act (Cap. 386)
Companies Act (Cap. 386), article 51
51. A partnership en commandite or limited partnership
operates under a partnership-n ame and has its obligations
guaranteed by the unlimited and joint and several liability of one or
more partners, called general pa rtners, and by the liability, l imited
30 CAP. 386.] COMP ANIES
to the amount, if any, unpaid on the contribution, of one or mo re
partners, called limited partners:
Provided that where, and for as long as, none of the general
partners is either an individual or a body corporate which has its
obligations guaranteed by the unlimited and joint and several
liability of one or more of its members, the provisions of article
51A shall also apply to that partnership en commandite or limited
partnership.
When none of the
general partners is
an individual or a
body corporate
which has its
obligations
guaranteed by the
unlimited and joint
and several
liability of one or
more of its
members.
Added by:
XXII. 2014.20.
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.