Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XI > Chapter 5 > Section 1 – Causes of Termination
Current as of: 2023 | Check for updates
|
Other versions
§ 2826 | Termination of a partnership; causes |
§ 2827 | Continuation of a partnership. |
§ 2828 | Continuation for liquidation; sole proprietorship. |
§ 2829 | Change in number or identity of partners. |
Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XI > Chapter 5 > Section 1 - Causes of Termination
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1169
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.