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Decree of the Chairman of the People's Republic of
China
No. 55
The "Partnership Business Law of the People's
Republic of China" has been approved on the 23rd meeting of the Tenth NPC
Standing Committee of the People's Republic of China on August 27, 2006. The
revised "Partnership Business Law of the People's Republic of China" is now
promulgated and shall come into effect as of June 1, 2007.
Hu Jintao, Chairman of the People's Republic of
China
August 27, 2006
Partnership Business Law of the People's Republic of
China
(Approved on the 24th meeting of the Eighth NPC Standing Committee of
the People's Republic of China on February 23, 1997; Revised on the 23rd meeting
of the Tenth NPC Standing Committee of the People's Republic of China on August
27, 2006)
CONTENTS
Chapter I General Provisions
Chapter II Ordinary
Partnership Businesses
Section 1 Establishment of a Partnership Business
Section 2 Property of a Partnership Business
Section 3 Operation of a
Partnership Business
Section 4 Relationship Between a Partnership Business
and a Third Party
Section 5 Admission to and Withdrawal from Partnership
Section 6 Special Ordinary Partnership Businesses
Chapter III Limited
Partnership Businesses
Chapter IV Disbandment and Liquidation of Partnership
Businesses
Chapter V Legal Liabilities
Chapter VI Supplementary
Provisions
Chapter I General Provisions
Article 1 This Law is formulated for the purposes of
standardizing the behavior of partnership businesses and protecting the
legitimate rights and interests of those businesses and their partners and
creditors, and thus to safeguard the social and economic order, and promote the
development of the socialist market economy. | 
