Cap. 38activeordinance

Partnership Ordinance

合夥條例

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.