Without prejudice to the rights of third parties, and subject to the provisions of this Decree Law and the contracts between the partners, the General Partnership and the Limited Partnership shall be dissolved for any of the following reasons: 1. The death, bankruptcy or insolvency of any of the partners of the Company or his loss of legal capacity, unless agreed otherwise in the MOA of the Company which may provide that the Company shall remain a going concern with the heirs of the deceased partner, notwithstanding that all or any of them are minors. If the deceased partner is a General Partner while the heir is a minor, the minor shall be a Limited Partner to the extent of his share in the estate of the deceased, and the continuation of the Company shall not be conditional on keeping the minor's assets within the Company. 2. If the only General Partner withdraws from the Limited Partnership; or 3. If, for a period of six [6] months, the General Partnership remains with a single partner without adjusting its legal affairs.
Interpretation and application must be checked against the official text and current version.