General Partner Obligations: Competition, Profit Sharing
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Management and Partner Authority
No partner may contradict or hinder the action of the sole manager partner. Management is entrusted as an express condition of the partnership contract, and such a manager may not be removed from their position.
If the manager misuses their powers and their management causes damage to the corporate assets, the remaining partners may:
- Appoint a co-manager from among them.
- Bring a claim for rescission of the sole manager's contract before the courts.
Management can be entrusted to one or more persons who are not partners, and the manager can delegate to third parties who are not partners. All partners are entitled to take part in the management and running of common business, including the right of veto.
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