P.R. Laws tit. 10, § 1361
2019-02-20 00:00:00+00
The articles of general copartnership must state:
The names, surnames, and domiciles of the partners.
The firm name.
The names and surnames of the partners to whom the management of the firm and the use of its signature is intrusted.
The capital which each partner contributes in cash, credits, or property, stating the value given the latter or the basis on which their appraisement is to be made.
The duration of the copartnership.
The amounts which, in a proper case, are to be given to each managing partner annually for his private expenses.
There may be also included in the articles the other legal agreements and special conditions which the partners may wish to make.
History —Commerce Code, 1932, § 102.