Article 60 The provisions of this chapter shall apply to limited partnership enterprises and their partners. Where there are no provisions in this chapter, the provisions on general partnership enterprises and their partners in sections 1 to 5 of Chapter II of this Law shall apply. Article 61 A limited partnership enterprise shall be established by two or more and fifty or less partners. However, unless otherwise provided by law. A limited partnership enterprise shall have at least one general partner. Article 62 The name of a limited partnership enterprise shall be marked with the words "limited partnership". Article 63 In addition to complying with the provisions of Article 18 of this Law, the partnership agreement shall also specify the following items: (1) Names and domiciles of general partners and limited partners; (two) the conditions and selection procedures that the executive partner should have; (three) the authority of the executive partner and the measures to deal with the breach of contract; (four) the conditions for the removal of the executive partner and the replacement procedures; (5) Conditions, procedures and related responsibilities for the limited partner to join or withdraw from the partnership; (6) Procedures for mutual conversion between limited partners and general partners. Article 64 A limited partner may make capital contributions in cash, in kind, intellectual property rights, land use rights or other property rights at a fixed price. A limited partner may not contribute capital with labor services. Article 65 A limited partner shall pay the capital contribution in full and on time according to the partnership agreement. If it fails to pay in full and on time, it shall bear the obligation to repay the money and bear the liability for breach of contract to other partners. Article 66 The registered items of a limited partnership enterprise shall specify the names of the limited partners and the subscribed capital contribution. Article 67 In a limited partnership, the general partner shall carry out the partnership affairs. The executive partner may require that the remuneration and the method of remuneration extraction for executive affairs be stipulated in the partnership agreement. Article 68 A limited partner shall not represent the limited partnership enterprise externally without performing partnership affairs. The following acts of a limited partner are not regarded as the execution of partnership affairs: (1) participating in the general partner's decision to join or withdraw from the partnership enterprise; (two) to make suggestions on the management of enterprises; (three) to participate in the selection of accounting firms to undertake the audit business of limited partnership enterprises; (4) Obtaining the audited financial and accounting reports of the limited partnership enterprise; (five) to consult the financial accounting books and other financial materials of the limited partnership enterprise in cases involving their own interests; (six) when the interests of the limited partnership are infringed, claim rights or bring a lawsuit to the responsible partner; (seven) when the executive partner is lazy in exercising his rights, he urges him to exercise his rights or bring a lawsuit in his own name for the benefit of the enterprise; (eight) to provide guarantees for enterprises according to law. Article 69 A limited partnership enterprise shall not distribute all its profits to some partners. However, unless otherwise agreed in the partnership agreement. Article 70 A limited partner may conduct transactions with this limited partnership enterprise. However, unless otherwise agreed in the partnership agreement. Article 71 A limited partner may engage in business competing with this limited partnership enterprise on his own account or in cooperation with others; However, unless otherwise agreed in the partnership agreement. Article 72 A limited partner may pledge his share of property in a limited partnership enterprise; However, unless otherwise agreed in the partnership agreement. Article 73 A limited partner may, in accordance with the partnership agreement, transfer his share of the property in the limited partnership to a person other than the partner, but shall notify the other partners 30 days in advance. Article 74 If a limited partner's own property is insufficient to pay off his debts unrelated to the partnership, the partner may pay off his income from the limited partnership; The creditor may also request the people's court to enforce the partner's share of property in the limited partnership to pay off the debts. When the people's court enforces the limited partner's share of property, it shall notify all the partners. Under the same conditions, other partners have the preemptive right. Article 75 If there are only limited partners left in a limited partnership, it shall be dissolved. Where there are only general partners left in a limited partnership, it shall be converted into a general partnership. Article 76 If a third party has reason to believe that a limited partner is a general partner and makes a transaction with him, the limited partner shall bear the same responsibilities as the general partner for the transaction. Where a limited partner deals with others in the name of a limited partnership without authorization, causing losses to the limited partnership or other partners, the limited partner shall be liable for compensation. Article 77 The newly-admitted limited partner shall be liable for the debts of the limited partnership enterprise before the admission with the amount of capital contribution subscribed. Article 78 If a limited partner falls under any of the circumstances listed in Item 1, Item 3 to Item 5 of Paragraph 1 of Article 48 of this Law, he will naturally quit the partnership. Article 79 If a natural person as a limited partner loses his capacity for civil conduct during the existence of a limited partnership, other partners may not require him to withdraw from the partnership. Article 80 If a natural person as a limited partner dies, is declared dead according to law, or a legal person or other organization as a limited partner terminates, his successor or successor of rights may obtain the qualification of a limited partner in a limited partnership enterprise according to law. Article 81 After a limited partner withdraws from the partnership, he shall be liable for the debts of the limited partnership caused by the reasons before the withdrawal with the property he retrieved from the limited partnership at the time of withdrawal. Article 82 Unless otherwise agreed in the partnership agreement, the conversion of a general partner into a limited partner or a limited partner into a general partner shall be unanimously agreed by all partners. Article 83 Where a limited partner is transformed into a general partner, it shall be jointly and severally liable for the debts incurred by the limited partnership enterprise during its tenure as a limited partner. Article 84 Where a general partner is transformed into a limited partner, he shall be jointly and severally liable for the debts incurred by the partnership during his tenure as general partner. The above is the relevant answer to the question of what is the company law of a partner company. Partners are divided into general partners and limited partners. In fact, in any case, it is for the long-term development of the company. As contemporary young people, we all tend to start our own businesses. Therefore, it is more necessary to know what the company law of a partnership company is. After all, we have just left the society and don't have much capital reserves.
Legal objectivity:
Article 61 of the Partnership Enterprise Law A limited partnership enterprise shall be established by two or more and fifty or less partners; However, unless otherwise provided by law. A limited partnership enterprise shall have at least one general partner. Article 62 The name of a limited partnership enterprise shall be marked with the words "limited partnership". Article 64 A limited partner may make capital contributions in cash, in kind, intellectual property rights, land use rights or other property rights at a fixed price. A limited partner may not contribute capital with labor services.