SECTION 290

The company endsupon the death of a partner. However, the articles of association may provide that the company continues to exist either between the surviving partners, or between thesurviving partners and the heirs or successors of the deceased partner, with or without the approval of the surviving partners. Where it is provided that the company shall continue only with the surviving partners, or where the latter refuseto approvethe heirs or successors of the deceased partner or where they only approve some of them, the surviving partnersmustredeem from heirs or successors of the deceased partner or from those who have not been approved, their partnershipinterests. In the event of continuation andwhere one or more of heirs or successors of the deceased partner are unemancipated minors, the latter’s liability for the company debts shall only be up to the limit of the inheritedpartnership interests. Moreover, the company shall be transformed within a period of one (1) year following the death into alimited liability partnershipin which the minor becomesa limited partner. Otherwise, the companyis dissolved.