Article 1780

RA 386 · Civil Code of the PhilippinesKey provision

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A universal partnership of profits comprises all that the partners may acquire by their industry or work during the existence of the partnership.

Official text — RA 386

A universal partnership of profits comprises all that the partners may acquire by their industry or work during the existence of the partnership.

Movable or immovable property which each of the partners may possess at the time of the celebration of the contract shall continue to pertain exclusively to each, only the usufruct passing to the partnership. (1675)

Source: lawphil.net (RA 386 as amended)

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