Article 1050: Termination of a contract of mere partnership

1. A simple partnership contract shall be terminated by: declaring any of the comrades incapable, limited in capacity or unknown if the contract of a simple partnership or subsequent agreement does not provide for the maintenance of the contract between the other comrades; declare any of the comrades insolvent (Bancrote) subject to the exception specified by the wabzac e Second paragraph; death of a comrade or liquidation or reorganization of a mere partnership of a legal person participating in the contract, unless the treaty or subsequent agreement provides for but the maintenance of the contract between the other comrades or the replacement of the deceased comrade (disposed or restructured legal person) by his or her heirs or successors; Any of the comrades who continue to participate in the indefinite contract of a simple partnership, with the exception specified by the vazac of the second paragraph; termination of the contract of a simple partnership; with an indication of the period of time, at the request of one of the comrades in the relations between him and the other comrades, with the exception indicated by the vazac of the second paragraph; the expiration of the period of the contract is simple. 2. When the contract of a simple partnership is terminated, the goods transferred to the common property shall be transferred to the common property. and the enjoyment of the comrades shall be returned to the comrades who have given them without remuneration, unless otherwise provided by agreement of the parties. The parties shall be jointly and severally liable under common obligations owed to third parties. The requirements are implemented in accordance with the procedure laid down in article 252 of the present Code. it is an offence to require that the property be returned to him in court, subject to the interests of the other comrades and creditors.