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Cap. 386 · Companies Act (Cap. 386)

Cap. 386 Art. 27New partners.

PART III - PARTNERSHIP

In KraftAmtlicher Text

(1) Where a person becomes a partner of an already existing partnership, he shall thereby become liable for all the obligations of the partnership, even if incurred before the date at which he becomes a partner.

(2) Any agreement to the contrary shall be of no effect with regard to third parties.