A power granted after the partnership has been

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A power granted after the partnership has been constituted may be revoked at any time. Art. 1801. If two or more partners have been intrusted with the management of the partnership without specification of their respective duties , or without stipulation that one of them shall not act without the consent of all the others , each one may separately execute all acts of administration, but if any of them should oppose the acts of the others, the decision of the majority shall prevail. In case of a tie, the matter shall be decided by the partners owning the controlling interest.
Art. 1802. In case it should have been stipulated that none of the managing partners shall act without the consent of the others , the concurrence of all shall be necessary for the validity of the acts and the absence or disability of nay one of them cannot be alleged, unless there is imminent danger of grave or irreparable injury to the partnership. Art. 1803. When the manner of management has not been agreed upon, the following rules shall be observed: (1) All the partners shall be considered agents and whatever any one of them may do alone shall bind the partnership, without prejudice to the provisions of Article 1801. (2) None of the partners may, without the consent of the others, make any important alteration in the immovable property of the partnership, even if it may be used to the partnership. But if the refusal of consent by the other parties is manifestly prejudicial to the interest of the partnership, the court’s intervention may be sought. Art. 1804. Every partner may associate another person with him in his share, but the associate shall not be admitted into the partnership without the consent of all the other partners, even if the partner having an associate should be manager. Art. 1805. The partnership books shall be kept , subject to any agreement between the partners, at the principal place of business of the partnership, and every partner shall at any reasonable hour have access to and may inspect and copy any of them. Art. 1806. Partners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or of any partner under legal disability. Art. 1807. Every partner must account to the partnership for any benefit and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of the property. Art. 1808.The capitalist partners cannot engage for their own account in any operation which is of the kind of business in which the partnership is engaged, unless there is stipulation to the contrary. Any capitalist partner violating this prohibition shall bring to the common funds any profits accruing to him from his transactions and shall personally bear all the losses.

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