Article 1867Limited Partnership (n)

A limited partnership formed under the law

prior to the effectivity of this Code, may become a limited

partnership under this Chapter by complying with the

provisions of article 1844, provided the certificate sets

forth:

(1) The amount of the original contribution of each limited

partner, and the time when the contribution was made;

and

(2) That the property of the partnership exceeds the

amount sufficient to discharge its liabilities to persons

not claiming as general or limited partners by an amount

greater than the sum of the contributions of its limited

partners.

A limited partnership formed under the law prior to the

effectivity of this Code, until or unless it becomes a

limited partnership under this Chapter, shall continue to

be governed by the provisions of the old law.

TITLE X AGENCY

CHAPTER 1 Nature, Form and Kinds of Agency