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Article 1807

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct,...

Official text — RA 386

Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property. (n)

Source: lawphil.net (RA 386 as amended)

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