Full legislation
s.38
Rights of persons dealing with firm against apparent members of firm
(1)
Where a person deals with a firm after a change in its constitution, he is
entitled to treat all apparent members of the old firm as still being members of the
firm until he has notice of the change.
(2)
An advertisement in the Gazette as to a firm whose principal place of business
is in Hong Kong shall be notice as to persons who had not dealings with the firm
before the date of the dissolution or change so advertised.
(Amended
50 of 1911 s. 4
;
25 of 1998 s. 2
)
(3)
The estate of a partner who dies, or who becomes bankrupt, or of a partner who,
not having been known to the person dealing with the firm to be a partner, retires
from the firm, is not liable for partnership debts contracted after the date of the
death, bankruptcy, or retirement respectively.