Article 1827

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

The creditors of the partnership shall be preferred to those of each partner as regards the partnership property.

Official text — RA 386

The creditors of the partnership shall be preferred to those of each partner as regards the partnership property. Without prejudice to this right, the private creditors of each partner may ask the attachment and public sale of the share of the latter in the partnership assets. (n)

CHAPTER 3

Dissolution and Winding Up

Source: lawphil.net (RA 386 as amended)

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