"Partnership Enterprise Law"
PRC  Partnership Enterprise Law, "by the Tenth National People's Congress  Standing Committee of the twenty-third meeting of August 27, 2006  amended by, the revised" PRC Partnership Enterprise Law "published Since June 1, 2007 shall come into force.
Chinese President Hu Jintao
August 27, 2006
PRC Partnership Enterprise Law
(February  23, 1997 the Eighth National People's Congress Standing Committee 24th  meeting by August 27, 2006 the Tenth National People's Congress twenty  次会议修订)
TABLE OF CONTENTS
Chapter I General Provisions
Chapter general partnerships
Section set up a partnership
Section II partnership property
Section III, Executive Partner
Fourth partnership relationship with third party
V occupation withdraws
Section VI special general partnership enterprise
Chapter III Limited Partnership
Chapter partnership dissolution, liquidation
Chapter V Legal Liability
Chapter VI Supplementary Provisions
Chapter I General Provisions
The  first partnership in order to regulate the behavior of a partnership  and its partners to protect the creditor's legal rights and interests of  social and economic order, promote the development of socialist market  economy, the development of this law.
Article 2  The term partnership is a natural person, legal persons and other  organizations set up in China in accordance with this Law, the general  partnership and limited partnership.
A general partnership formed by the general partner, partner of the partnership debts jointly and severally liable. Law of the general partner responsible for the form of special provisions shall prevail.
Limited  partnership by the general partner and limited partner component, the  general partner of the partnership debts jointly and severally liable,  the limited partner's capital contribution subscribed by its limited  liability for partnership debts.
Third  state-owned companies, state-owned enterprises, listed companies and  public welfare institutions, social groups may not become a general  partner.
Article partnership agreement according to the consensus of all partners, in written form.
Article  entered into a partnership agreement, setting up partnerships, should  follow the voluntary, equality, fairness and good faith.
Article  VI of the production and operation of partnership income and other  income, in accordance with relevant tax regulations, income taxes,  respectively, by the partners.
Article  partnership and its partners must comply with laws, administrative  regulations, observe social ethics, business ethics, social  responsibility.
Article partnership and its partners and their legal property rights and interests protected by law.
Article  9 When applying to establish a partnership, should be submitted to the  registration authority application for registration, partnership  agreement, partner identification and other documents.
Partnership's  business scope, there are laws and administrative regulations shall be  approved prior to registration project, the business shall be approved  and submitted for approval at the time of registration documents.
Article  10 The applicant submitted an application for registration materials  are complete and comply with the statutory form, the registration  authority to register the spot should be on the spot registration, issue  a business license.
Notwithstanding the  foregoing circumstances, the enterprise registration organ shall accept  the application within twenty days from the date of making the decision  whether to register. Be registered, and issued a business license; not registered, it shall give a written reply, and explain the reasons.
Article XI of the partnership business license issue date, the partnership established.
Obtain a business license before the partnership, partners may not engage in a partnership the name of partnership business.
Article  XII of partnership to establish branches, the branch should be the  location of the registration authority for registration and obtain a  business license.
Article XIII of partnership  registration items is changed, execute the partnership affairs shall be  made a partner in the decision to change the date or change the subject  within 15 days from to the registration authority to apply for change of  registration.
Chapter general partnerships
Section set up a partnership
Article 14 The establishment partnership shall meet the following conditions:
(A) two or more partners. Partner is a natural person, shall have full civil capacity;
(B) a written partnership agreement;
(C) the partner's capital contribution subscribed or actually paid;
(D) the partnership's name and production premises;
(E) laws, administrative regulations and other conditions.
Article XV partnership name should be marked "general partner" words.
Article  XVI partner can use money, in kind, intellectual property, land use  rights or other rights of property investment, investment services can  also be used.
Partner in kind, intellectual  property, land use rights or other property rights investment, the need  to evaluate price, negotiated by all partners, all partners can also be  commissioned by the statutory assessment bodies to assess.
Partner  with the labor contribution, and its evaluation methods by the  consultation of all partners, and set forth in the partnership  agreement.
Article XVII partner should be  funded by way of the partnership agreement, the amount and payment  deadline, to fulfill funding obligations.
Funded  by non-monetary property, in accordance with laws, administrative  regulations, the need for property transfer procedures, it should be  according to law.
Article 18 The partnership agreement shall contain the following:
(A) the partnership's name and principal place of business location;
(B) a partnership the purpose and scope of partnership;
(C) the partner's name or the name and residence;
(D) the partner's capital contribution, the amount and payment period;
(E) the distribution of profits, loss sharing mode;
(F) the implementation of partnership affairs;
(Vii) occupation and withdraws;
(H) dispute resolution;
(I) a partnership dissolution and liquidation of enterprises;
(X) breach of contract.
Article 19 The partnership agreement signed by all partners, sealed into effect. Partnership rights in accordance with the partnership agreement, to fulfill their obligations.
Modify  or supplement the partnership agreement should be agreed by all  partners; However, unless otherwise agreed by the partnership agreement.
Partnership  agreement is not agreed or the agreement is not clear on matters  decided by the partners in consultation; consultation fails, in  accordance with this Law and other relevant laws and administrative  regulations dealing with.
Section II partnership property
Diershitiao  partner's contribution to the name of partnership gains and other  property legally acquired, are partnership property.
Twenty-one  partner in a partnership liquidation, it shall not request to split the  partnership property; However, except as otherwise provided in this  Act.
Partner in the partnership liquidation  before the transfer or dispose of privately partnership property,  partnership shall be no bona fide third person.
Article  22 In addition to the partnership agreement provides otherwise, a  partner other than the person to a partnership in the partnership in the  transfer of all or part of the property share, subject to the other  partners agree.
Transfer between the partners in the partnership's share of all or part of the property, it shall notify the other partners.
Article  23 of the partner to partner other than the transfer of their  partnership in the share of property, under the same conditions, the  other partners have right of first refusal; However, unless otherwise  agreed by the partnership agreement.
Article 24  law partner other than the transferee partner in the partnership's  share of property, the revised partnership agreement that became a  partner in the partnership, in accordance with this Law and the revised  partnership agreement rights and fulfill obligations.
Article  25 of its partner in the partnership's share of property pledged, by  the other partners agreed to; without the other partners agreed that  their behavior is invalid, thus causing damage to an innocent third  person, and by the perpetrator shall be liable for compensation.
Section III, Executive Partner
Article 26 The partners of the managing partner of the same rights matters.
Accordance  with the partnership agreement or an agreement by all partners decided  to entrust one or several partners on behalf of external partnerships,  execute the partnership affairs.
As a corporate partner, other organizations partnership affairs, by a representative of the executive.
Article  27 second paragraph of Article 26 in accordance with the provisions of  this Law, delegate one or several partners execute the partnership  affairs, and other partners no longer execute the partnership affairs.
Execute  the partnership affairs is not a partner the right to supervise the  implementation of the executive partner of partnership affairs.
Article  28 by one or several partners execute the partnership affairs, the  managing partner should report regularly to the affairs of other  partners and partnerships in the implementation of operations and  financial condition, its managing partner firm owned by a partnership  the income generated , the resulting costs and losses borne by the partnership.
Partner  is a partnership of understanding of operations and financial  condition, right of access to partnership accounting books and other  financial information.
Article 29 The partners  were the implementation of partnership affairs, the executive partner  can perform other partners to challenge the transaction. Objection, it shall suspend the execution of the transaction. If a dispute, in accordance with the provisions of Article 30 of this Law to make a decision.
Entrusted  with the implementation of partnership affairs is not a partner or all  partners of the partnership agreement in accordance with the decision of  the enforcement branch, the other partners may decide to revoke the  commission.
Article 30 The partners of the  partnership related matters to a resolution in accordance with the  partnership agreement of voting for. Partnership  agreement is not agreed or the agreement is not clear, the  implementation partner and the vote passed by a majority vote by the way  all partners.
Act means the vote of a partnership as otherwise provided, shall apply.
第 三十一条 addition to the partnership agreement provides otherwise, a  partnership of the following matters should be agreed by all partners:
(A) change the name of partnership;
(B) change the scope of partnership business, principal place of business location;
(C) the disposition of real estate partnership;
(D) transfer or dispose of a partnership of intellectual property and other property rights;
(E) the name of a partnership to provide security for others;
(F) appointment as a partner other than the partnership's management personnel.
Article 32 shall not be self-or partner with others to co-operate to compete with the partnership's business.
In  addition to the partnership agreement otherwise agreed or agreed by all  partners, the partner may not carry out transactions with the  partnerships.
Partner shall not engage in damaging the interests of the partnership's activities.
Article  33 The partnership's distribution of profits, loss sharing, in  accordance with the agreement for the partnership agreement; partnership  agreement is not agreed or the agreement is not definite, determined  through consultation by the partners; consultation fails, the  contribution paid by the partners pro rata in accordance with, share; can not determine the proportion of investment by the partners equally, share.
Partnership  agreement may not agree to all parts of the distribution of profits to  partners or by some partners to bear all losses.
Article  34 in accordance with the partnership agreement partnership agreement  or decided by all partners, to increase or decrease the contribution of  the partnership.
Article 35 was appointed a  partner in the business in partnership managers should perform their  duties within the scope of authorization.
Was  appointed a partner in the business management, partnership beyond the  scope of authorization to discharge his duties or in the course of their  duties due to intentional or gross negligence caused the loss of the  partnership shall be liable for compensation.
Article  36 The partnership shall be in accordance with laws, administrative  regulations to establish corporate financial and accounting system.
Fourth partnership relationship with third party
Article  37 The partnership managing partner of the partnership on behalf of a  partnership of foreign affairs and the right to limit, not bona fide  third person.
Article 38 The partnership of its debt, with all its assets should be liquidated.
Article 39 The partnership can not repay maturing debt, the partners jointly and severally liable.
Article  40 as a partner jointly and severally liable to pay off the amount over  the first paragraph of Article 33 of this Law, the provisions of its  loss-sharing ratio, and other partners the right to recover.
第 四十一条 partner partnership has nothing to do with the occurrence of the  debt, the relevant claims of creditors shall not be allowed to offset  its debt to the partnership; nor a partner in the subrogation rights in  the partnership.
Article 42 The lack of a  partner's own assets to settle its debt with the unrelated partnership,  the partner can take its carved from the partnership's income for the  satisfaction; the creditor can legally request the court to enforce the  partnership people in the partnership share in the property for the satisfaction.
The  people's court for enforcement partner's property share, shall notify  all partners, other partners have right of first refusal; other partners  did not buy, do not agree to share in the property transferred to  others, in accordance with this Law 第五十一条requirement  for a partner withdraws from the settlement, or a partner for the  corresponding reduction in the share of the property settlement.
V occupation withdraws
Article  43 new partners occupation, in addition to the partnership agreement  provides otherwise, shall be agreed by all partners, and shall enter  into a written agreement occupation.
Occupation  agreement entered into, the original partners to a new partner should  be truthfully informed of the original partnership of operations and  financial condition.
Article 44 The occupation of the new partner and former partners enjoy the same rights and bear equal responsibility. Occupation agreement otherwise agreed, shall prevail.
New partner of the partnership's debts before occupation jointly and severally liable.
Article  45 The term of partnership of the partnership agreement, the duration  of the partnership, one of the following circumstances, the partner can  withdraw from a mess:
(A) the subject withdraws from the partnership agreement occur;
(B) agreed by all partners;
(C) the occurrence of a partner is difficult to continue to participate in a partnership subject;
(D) serious violations of the other partners of the partnership agreement obligations.
Article  46 The partnership agreement is not agreed upon term of partnership,  the partners in the partnership affairs is not to adversely affect the  implementation of the case, you can withdraw from a mess, but it should  be notified 30 days ahead of the other partners.
Partner  violation of Article 47 Article 45 of this Law, the provisions of  Article 46 withdraws, it shall indemnify the losses caused to the  partnership.
Article 48 The partners of the following circumstances, of course, withdraws from:
(A) a natural person as a partner dies or is declared dead;
(B) personal insolvency;
(C)  As a partner of the legal person or other organization according to  business license revoked, ordered to shut down, removed, or is declared  bankrupt;
(D) of the law or the partner of the partnership agreement must have the relevant qualifications and disqualified;
(E) a partner in the partnership share of all property in the people's court for enforcement.
Partners  are legally recognized as no civil capacity or with limited capacity  for civil conduct, and agreed to by the other partners, can legally  become a limited partner, general partnerships to limited partnership  law. Other partners can not agree, and that no civil capacity or with limited civil capacity of partner withdraws.
Withdraws from the date of the subject withdraws from the actual effective date.
Article 49 The partners of the following circumstances, the other partners agreed, can be removed from the resolution:
(A) does not fulfill funding obligations;
(B) the intentional or gross negligence resulting in loss of partnership;
(C) the managing partner of improper conduct transactions;
(D) the subject matter of the partnership agreement occur.
Removal of the partner's written notice of the resolution shall be in addition to celebrities. Be  removed in addition to receiving the notification of celebrity, the  exclusion becomes effective, be in addition to celebrity withdraws.
In  addition to removal by resolution of the celebrities have objections,  you can receive from delisting notice within 30 days, the people's  court.
Article 50 partner dies or is declared  dead, a partner in the partnership's share of property inheritance  rights of the lawful heirs, according to the agreement or partnership  agreement agreed by all partners, starting from the date of succession, partner of the partnership to achieve the qualification.
One  of the following circumstances, the partnership should be returned to  the partner's heirs inherited the property share of the partner:
(A) the heirs do not want to become a partner;
(B)  the law partner of the partnership agreement, or must have relevant  qualifications, and the heirs did not obtain the qualification;
(C) the partnership agreement can not be a partner in the other cases.
Partner's  heirs without civil capacity or with limited capacity for civil  conduct, and agreed by all partners, can legally become a limited  partner, general partnerships to limited partnership law. All the partners can not agree, the partnership shall be inherited partner's share of property returned to the heirs.
第 五十一条 partner withdraws, the other partner should be in accordance with  that withdraws from the partnership property when withdraws the status  settlement, refund withdraws the property share. Withdraws from people to the partnership liable for losses, and corresponding reduction in the amount of compensation should be.
Withdraws from a partnership when there is unfinished business affairs, to be settled after the settlement of the transaction.
Article  52 withdraws from people in the partnership approach in the share of  property returned by the partnership agreement or by all partners  decided to refund the money can also be returned in kind.
Article  53 withdraws from people on the reasons for their withdraws before the  occurrence of partnership debt, jointly and severally liable.
Article  54 When a partner withdraws, the partnership property is less than a  partnership debt, the person withdraws Article 33 of this Law shall be  in accordance with the provisions of paragraph share the loss.
Section VI special general partnership enterprise
Article  55 of the professional knowledge and expertise to provide customers  with professional services paid services, you can set up as a special  general partnership enterprise.
Special general  partnership enterprise is a partner in accordance with the provisions  of Article 57 of this Law, liability of general partnerships.
Special  general partnership enterprise apply the provisions of this section;  not provided for in this section, Section I to V apply the provisions of  this chapter.
Article 56 special general partnership enterprise should indicate the name of "special general partner" words.
Article  57 Where a partner or several partners in its practice due to  intentional or gross negligence of partnership debt, shall bear  unlimited liability or unlimited liability, the other partners in the  partnership in its share of the property is limited to responsibility.
Partner  for Africa in its practice intentional or gross negligence of  partnership debt and other debt partnership by all partners jointly and  severally liable.
Article 58 partner practice  activity due to intentional or gross negligence of the partnership debt  to the property's external liability partnership, the partner of the  partnership agreement shall be in accordance with the agreement of the  damage caused to the partnership liability.
Article 59 special general partnership enterprise shall establish a risk fund practice, for professional insurance.
Practicing risk fund for the payment of a partner to practice activities resulting debt. Practicing risk fund should be managed separately register for permanent residence. Specific management practices by the State Council.
Chapter III Limited Partnership
Article  60 limited partnership and its partners apply the provisions of this  chapter; not provided in this chapter, this Law shall apply to the  second section of chapter V of a general partnership and its partners  requirements.
Limited partnership 第六十一条 more  than fifty by the two partners set up the following; However, except as  otherwise provided by law.
Limited partnership should be at least a general partner.
Article 62 of the limited partnership name shall be marked "limited partnership" words.
Article  63 The partnership agreement in addition to meeting the provisions of  Article 18 of this Law, shall also contain the following:
(A) the general partner and limited partner's name or the name and residence;
(B) the managing partner should have the conditions and selection procedures;
(C) the managing partner rights and breach of contract approach;
(D) removal of the executive partner of the condition and replacement procedures;
(E) a limited partner occupation withdraws from the conditions, procedures and related responsibilities;
(F) the limited partners and general partner of each change in procedure.
Article  64 limited partners can use money, in kind, intellectual property, land  use rights or other property rights appraised value.
Limited partner shall not labor contribution.
Article  65 of the limited partner of the partnership agreement should be in  accordance with the agreed capital contributions in full and on  schedule; fails to paid in full, shall bear the obligation to repay, and  other partners liable for breach.
Article 66  The registration of a limited partnership shall be set forth in the  limited partner's name or the name and the amount of subscribed capital  contribution.
Article 67 of the limited partnership by the general partner managing partner of the transaction. May  request the executive partner in the partnership agreement to determine  the compensation and executive compensation matters extraction method.
Article 68 limited partners do not execute the partnership affairs, and may not on behalf of limited partnership.
Limited partner of the following acts, not as the implementation of partnership affairs:
(A) the general partner of occupation participate in the decision, withdraws;
(B) the operation of the business management recommendations;
(C) undertake a limited partnership involved in the selection of accounting firms audit services;
(D) to obtain audited financial report limited partnership;
(E)  the case involving their own interests, access to limited partnerships  and other financial and accounting books and financial information;
(F) in the limited partnership interests are infringed upon, responsible partner to claim rights or proceedings;
(G)  the executive partner of lazy to exercise rights, and urge them to  exercise their rights or interests of the enterprise in order to sue in  their own name;
(H) shall provide guarantees for the enterprise.
Article  69 limited partnership business profits shall be allocated to the part  of all partners; However, unless otherwise agreed by the partnership  agreement.
Article 70 can with the limited  partner limited partnership transactions; However, unless otherwise  agreed by the partnership agreement.
第七十一条  limited partners can self-operate or work with others and compete with  the limited partnership's business; However, unless otherwise agreed by  the partnership agreement.
Article 72 can be a  limited partner in a limited partnership share of the property in  pledge; However, unless otherwise agreed by the partnership agreement.
Article  73 of the limited partner of the partnership agreement can be agreed to  by a partner other than the transfer of limited partnership in its  share of the property, but it should be 30 days in advance to inform the  other partners.
Article 74 of the limited  partner's own property is insufficient to settle its debt with the  unrelated partnership, the partner can carve its take from the limited  partnership's income for the satisfaction; creditors can also request  the people's court according to law enforcement The partner in a limited partnership share in the property for the satisfaction.
The people's court to enforce a limited partner's share of the property, it shall inform all the partners. Under the same conditions, the other partners have right of first refusal.
Article  75 of the remaining limited partnership limited partnership shall be  dissolved; remaining limited partnership's general partner, to general  partnerships.
Article 76 has reason to believe a  third person limited partnership and general partner with the  transaction, the limited partner of the transaction and the general  partner to bear the same responsibility.
Limited  partners without authorization on behalf of a limited partnership  transactions with others, to the limited partnership or other partners,  resulting in the loss of the limited partnership shall be liable for  compensation.
第七十七条 a limited partner in the  new occupation before occupation of the limited partnership's debts,  with its subscription of the limited amount of funding responsibility.
Article  78 limited partners have the first paragraph of Article 48 of this Law  the first, third to the fifth item listed in the circumstances, of  course, withdraws.
Article 79 The natural  person as a limited partner in limited partnerships during the existence  of incapacitation, the other partners shall not thereby requiring  withdraws.
Article 80 as a limited partner of  the natural death, was legally declared dead, or as a limited partner of  the termination of legal persons and other organizations, or their  heirs the right person can be legally obtained under the limited partner  in a limited partnership in the qualification.
第 八十一条 limited partner withdraws, the former withdraws for reasons based  on its limited partnership debt occurs, its withdraws from the limited  partnership in the back of the property responsibility.
Article  82 In addition to the partnership agreement provides otherwise, the  general partner into a limited partner or limited partner into a general  partner, should be agreed by all partners.
Article  83 limited partners into a general partner, limited partner, as the  period of its limited partnership debts incurred jointly and severally  liable.
Article 84 into a general partner of a  limited partner, its general partner, as occurred during the  partnership's debts jointly and severally liable.
Chapter partnership dissolution, liquidation
第八十五条 partnership of the following circumstances shall be dissolved:
(A) term of partnership expires, partners decide not to operate;
(B) the reasons for dissolution of the partnership agreement occur;
(C) all the partners decided to dissolve;
(D) do not have a quorum partner has at least thirty days;
(E) a partnership the purpose of the partnership agreement has been achieved or not achieved;
(F) revoke the business license according to law, ordered to shut down or been revoked;
(Vii) legal and administrative regulations of other reasons.
Article 86 The dissolution of a partnership shall be liquidated by a liquidator.
Held  by the liquidator all partners; by majority consent of all partners,  partnership dissolution can occur from within fifteen days after the  specified one or several partners, or entrust a third person, as a  liquidator.
Since the emergence of a  partnership dissolution determined within fifteen days from the date of  the liquidator, partner or other interested person may apply to court to  specify the liquidator.
Article 87 During liquidation, the liquidator in the following transactions:
(A) removal of partnership property, namely the preparation of balance sheet and inventory;
(B) the liquidation of the partnership to deal with unfinished business affairs;
(C) to pay taxes owed;
(D) clean-up claims and debts;
(E) a partnership deal with debt remaining after the property;
(F) on behalf of a partnership to participate in litigation or arbitration activities.
Article  88 was determined from the liquidator within 10 days from the date of  the dissolution of a partnership to notify the creditors, and within  sixty days notice in the newspaper. Creditors  shall receive notice within thirty days from the date, not received the  notice from the date of the announcement 45 days, to file claims to the  liquidator.
Creditors to file claims, claims related matters should explain and provide evidence. Claims should be registered liquidator.
During liquidation, the partnership continues to exist, but not to carry out business activities unrelated to the liquidation.
Article  89 of the partnership property in payment and settlement costs and  wages, social insurance, statutory compensation and payment of taxes  owed, the property remaining after settlement of the debt, according to  the first paragraph of Article 33 of this Law, the provisions of the  allocation .
Article 90  of the liquidation, the liquidator shall prepare a liquidation report,  signed by all partners, sealed, in the company registration authority  within fifteen days to submit a liquidation report, the application for  cancellation of registration of partnership.
Article  91 After the cancellation of a partnership, the former general partner  of the partnership during the existence of the debt should still be  jointly and severally liable.
第九十二条 partnership  can not discharge the debt due, the creditor may apply to the people's  court for bankruptcy liquidation application, can also require the  general partner settlement.
Partnership is  declared bankrupt according to law, general partner of the partnership  debt should still be jointly and severally liable.
Chapter V Legal Liability
Violation  of Article 93 of this Law, to submit false documents or by other  fraudulent means to obtain partnership registration, the registration  authority shall order rectification and impose a 5,000 RMB 50,000 yuan  fine; serious cases, revocation of business registration , and impose a $ 50,000 fine of more than 200,000 yuan.
Article  94 violation of this law, a partnership does not indicate in its name,  "general partner", "special general partnership" or "limited  partnership" word, by the registration authority shall order  rectification, impose a fine of ten thousand thousand dollars yuan fine.
Violation  of Article 95 of this Law, did not obtain a business license, and to  partnership or partnership in the name of the partnership business  branch, ordered to stop by the registration authority, impose a 5,000  RMB 50,000 yuan fine.
Registration of a  partnership when changes occur, not in accordance with the provisions of  this Law, register the change, the enterprise registration authority  shall order the registration deadline; fails to register, a fine of  2,000 to 20,000 yuan fine.
Registration of a  change in partnership, a partner in the implementation of partnership  affairs is not scheduled to apply for registration of changes, it shall  indemnify to the partnership, partners or other third party caused the  loss of good faith.
Article 96 partner managing  partner of the transaction, or a partnership of employees using their  position to benefit, will be owned by a partnership of the interests of  the appropriation, or take other means of occupation of partnership  property, the interests and property should be refund of a partnership; to the partnership or other partner losses, liability according to law.
第 九十七条 partner of the provisions of this Law or the partnership agreement  must be agreed by all partners before it may execute the transaction  without processing, to partner in a partnership or other damage caused,  be liable for compensation.
Article 98 does not  have the right partner, Executive Managing Partner of unauthorized  transactions, or to the partnership losses of other partners, be liable  for compensation.
第九十九条 partner partnership  agreement or violation of the provisions of the agreement, in  partnership with the business or compete with the partnership  transactions, all the proceeds go to partnership; to partner in a  partnership or other losses , shall be liable for compensation.
Article  100 of the liquidator is not in accordance with the provisions of this  Act to the registration authority to submit a liquidation report, or  submit a liquidation report to conceal important facts, or have major  omissions, the company registration authority shall order rectification.  Resulting costs and losses borne by the liquidator and compensation.
Article  101 of the liquidator liquidation affairs executive, to obtain illegal  income or occupation of partnership property, income and occupation  should be the property of the partnership return; to the partnership or  other partner losses, liability according to law.
Article  102 of the liquidator who violate this law, conceal, transfer  partnership property, on the balance sheet or inventory any false  record, or before the distribution of the property outstanding debt,  damage the interests of creditors, shall be liable for compensation.
Partner violation of Article 103 of the partnership agreement shall bear liability for breach.
Partner to fulfill the partnership agreement dispute, the partners through consultation or mediation. Do  not want through negotiation, mediation or negotiation, mediation  fails, in accordance with the arbitration clause in the partnership  agreement or a written arbitration agreement reached afterwards, the  arbitration body for arbitration. Partnership  agreement entered into arbitration clause is not, afterwards did not  reach a written arbitration agreement, can the people's court.
Article  104 of the staff of administrative organs violate this law, abuse of  power, favoritism, bribery, against the legitimate rights and interests  of a partnership shall be given administrative sanctions.
Article 105 of the violation of this law constitutes a crime, be held criminally responsible.
Violation  of the provisions of Article 106 of this Act, shall bear civil  liability and payment of fines, penalties, while the property is  insufficient to pay the first civil liability.
Chapter VI Supplementary Provisions
Article  107 of the non-business professional services to the partnership in  accordance with relevant laws, and its partners can take responsibility  in the form of this Law shall apply for a special general partner of a  partnership liability provisions.
Article 108 foreign enterprises or individuals in China set up a partnership's management by the State Council.
Article 109 of this Act since June 1, 2007 shall come into force.