Companies Act (Cap. 386)

Companies Act (Cap. 386), article 51

Official PDF on legislation.mt

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.

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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.