Text of the provision
Art. 1770. A partnership must have a lawful object or purpose, and must be established for the common benefit or interest of the partners. When an unlawful partnership is dissolved by a judicial decree, the profits shall be confiscated in favor of the State, without prejudice to the provisions of the Penal Code governing the confiscation of the instruments and effects of a crime.
(1666a)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
A partnership must have a lawful object for the common benefit of the partners. When an unlawful partnership is judicially dissolved, the profits are confiscated by the State.
Related provisions
- Article 1769 — Rules to Determine Existence of a Partnership.
- Article 1771 — Form of a Partnership.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.