In legal entities comprising partners who are indefinitely, jointly and severally liable for its debts, the legal or de facto representatives shall be found guilty of negligent bankruptcy and where, without lawful excuse, they fail to make a statement of insolvency at the registry of the competent court, within thirty (30) days, or where such declaration does not include the list of jointly and severally liable partners with their full names and residences.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 120
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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