ALTHOX

COLOMBIAN COMMERCIAL CODE TITLE IX THE TRADING COMPANY IN FACT Article 498 .- The trading company will indeed when set up on the deed. Its existence may be proved by any means of proof recognized by law. Article 499 .- The company is in fact not a legal person. Therefore, the rights acquired and obligations contracted for the social enterprise, shall be purchased or contracted for or in charge of all de facto partners. The stipulations agreed to by the associated effects occur between them. Article 500 .- Repealed. Decree 2155 of 1992. Article 501 .- In society, in fact every one of the partners jointly and unlimitedly liable for the transactions. The provisions intended to limit this liability shall be deemed not written. Third parties may assert their rights and fulfill their obligations by or on behalf of all partners or in fact any of them. Article 502 .- Judicial declaration of nullity does not affect the rights of bona fide third parties that have...