Article 1770

RA 386 · Civil Code of the PhilippinesKey provision

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A partnership must have a lawful object or purpose, and must be established for the common benefit or interest of the partners.

Official text — RA 386

A partnership must have a lawful object or purpose, and must be established for the common benefit or interest of the partners.

When an unlawful partnership is dissolved by a judicial decree, the profits shall be confiscated in favor of the State, without prejudice to the provisions of the Penal Code governing the confiscation of the instruments and effects of a crime. (1666a)

Source: lawphil.net (RA 386 as amended)

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