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Commerce Law Bulgaria

Section III Partners' Relationship With Third Parties


Liability of the General Partnership
Article 88

When bringing an action against the partnership the plaintiff may also name as defendants one or several of the partners. Forcible execution shall be directed first against the partnership, and, in case of impossibility for satisfaction, against the partners.


Representation
Article 89
(1)
Each partner shall represent the partnership, unless the articles of partnership provide otherwise.
(2)
A limitation upon the representative powers of a partner shall not be binding upon bona fide third parties if it is not registered in the commercial register.


Revocation of Representative Powers
Article 90

The representative powers of a partner may be revoked pursuant to Article 85.


Partners' Plea
Article 91

A partner may, in addition to the partnership's pleas, make its personal pleas before the partnership's creditors.


Liability of Newly Admitted Partners
Article 92

The liability for all of the partnership's debts of a newly admitted partner in an existing partnership shall equal that of the other partners.
 
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