Text of the provision
Art. 1785. When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement, the rights and duties of the partners remain the same as they were at such termination, so far as is consistent with a partnership at will. A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership.
(n)
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 fixed-term partnership continued after the term without express agreement becomes a partnership at will, with the partners' rights and duties unchanged so far as consistent; continuing the business without liquidation is prima facie evidence of continuation.
Related provisions
- Article 1784 — When a Partnership Begins.
- Article 1786 — Partner as Debtor for His Contribution.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.