Bijural Terminology Records

Common Law

ordinary partnerships

Civil Law

ordinary partnerships

Title of the Legislative Text

Bankruptcy and Insolvency Act, R.S., c. B-3

Provision

  85. (1) This Act applies to limited partnerships in like manner as if limited partnerships were ordinary partnerships, and, on all the general partners of a limited partnership becoming bankrupt, the property of the limited partnership vests in the trustee.

Problem

The expression "sociétés de personnes ordinaires" in the French version is inappropriate. Both civil law and common law use the expression "sociétés en nom collectif".

Solution

In the French version, the terms "de personnes ordinaires" are replaced by "en nom collectif".

Harmonized Provision

(Amendment to the French version only)

  85. (1) La présente loi s'applique aux sociétés de personnes en commandite de la même manière que si elles étaient des sociétés en nom collectif; et, lorsque tous les membres d'une telle société deviennent en faillite, les biens de celle-ci sont dévolus au syndic.

Federal Law-Civil Law Harmonization Act, No. 2, S.C. 2004, c. 25, s. 52(1).

Date modified: