[eu]cite

Home› Commercial & Company Law› HGB (EN)

Part 1 · General partnership  ›  Title 5 · Liquidation of the partnership › Section 150

Section 150

(1) Where there are several liquidators, they may only act jointly in matters pertaining to the liquidation, unless it is provided that they may act individually.

(2) The provision of subsection (1) does not preclude the liquidators from authorising one or more of their number to undertake particular transactions or particular kinds of transactions. If a declaration of intent is to be made to the partnership, the provision of section 125 (2) sentence 3 applies accordingly.

←→ also move between sections