合伙企业法英文版概要1.doc

Law of the Peoples Republic of China on Partnerships 　　（Adopted at the 24th Meeting of the Standing Committee of the Eighth National Peoples Congress on February 23, 1997 and amended at the 23rd Meeting of the Standing Committee of the Tenth National Peoples Congress on August 27, 2006） 　　Contents 　　Chapter I General Provisions 　　Chapter II General Partnerships 　　Section 1 Establishment of a Partnership 　　Section 2 Property of a Partnership 　　Section 3 Management of Partnership Affairs 　　Section 4 Relationship of a Partnership to a Third Party 　　Section 5 Entering into and Retiring from a Partnership 　　Section 6 Specialized General Partnerships 　　Chapter III Limited Liability Partnerships 　　Chapter IV Dissolution and Liquidation of a Partnership 　　Chapter V Legal Liability 　　Chapter VI Supplementary Provisions 　　Chapter I General Provisions 　　Article 1 This Law is enacted in order to regulate the behavior of partnerships, to protect the lawful rights and interests of partnerships and the partners and creditors therein, to maintain social and economic order, and to promote the development of the socialist market economy. 　　Article 2 For the purposes of this Law, “partnerships” refer to both general partnerships and limited liability partnerships, both of which are established according to this Law by natural persons, legal persons or other organizations within the territory of China. 　　A general partnership is composed of general partners who bear unlimited joint and several liability for the debts of the partnership. Where there are special provisions in this Law on the forms of liability borne by general partners, those provisions shall prevail. 　　A limited liability partnership is composed of general partners and limited partners, with the former bearing unlimited joint and several liability for the debts of the partnership and the latter bearing liability for such debts respectively within the limits of the capital contributions subscribed for. 　　Article 3 A whol