Q&A Regarding Partnership Enterprise (4)
Q: |
Can partners divide the property of the partnership enterprise? |
A: |
The partners can't request the division of the property of the partnership enterprise before it is liquidated; Except as otherwise provided by relevant laws and regulations.
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Q: |
How does the partnership enterprise carry out partnership affairs? |
A: |
Partners have the same rights to carry out partnership affairs. According to the partnership agreement or the decision of all partners, one or more partners may be entrusted to represent the partnership enterprise and carry out partnership affairs. |
Q: |
What items of the partnership enterprise need the unanimous consent of all partners? |
A: |
Unless otherwise agreed in the partnership agreement, the following items of the partnership enterprise shall be unanimously agreed by all partners:
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Q: |
What are the restrictions on the partners of the partnership enterprise? |
A: |
Partners shall not engage in business competing with this partnership enterprise on their own or in cooperation with others. Unless otherwise agreed in the partnership agreement or unanimously agreed by all partners, partners shall not conduct transactions with the partnership enterprise. Partners shall not engage in activities that harm the interests of the partnership enterprise. |
Q: |
Can partners decrease their capital contribution to the partnership enterprise? |
A: |
Partners may increase or decrease their capital contribution to the partnership enterprise in accordance with the partnership agreement or upon the decision of all partners. |