(1) The partners’ power of representation extends to all judicial and extrajudicial transactions and legal acts, including the disposal and encumbrance of real property and the conferment and revocation of a general commercial power of representation.
(2) A limitation on the scope of the power of representation is ineffective vis-à-vis third parties; this applies especially to a limitation whereby the representation may extend only to particular transactions or kinds of transactions or whereby it may be exercised only under certain circumstances or for a certain period of time or at specific places.
(3) Where such power of representation is limited to the operation of one of several establishments of the partnership, the provisions of section 50 (3) applies accordingly.