Article 1843
ELI5— what this means for you
A limited partnership is one formed by two or more persons under the provisions of the following article, having as members one or more general partners and one or more limited partners.
Official text — RA 386
A limited partnership is one formed by two or more persons under the provisions of the following article, having as members one or more general partners and one or more limited partners. The limited partners as such shall not be bound by the obligations of the partnership.
Source: lawphil.net (RA 386 as amended)
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