Required by law. Management Self-employed This is set forth in the partnership contract. This is set forth in the partnership contract. Unless specifically regulated otherwise, the fully liable partners are authorized to sign. The owner assumes full responsibility, with coverage from both his company and his private assets.
Coverage is provided first from the company assets.
Thereafter, in secondary position, all of the partners assume full and joint personal responsibility. Coverage is provided first from the company assets. Further liability thereafter falls on the fully liable partners. The partners with limited liability are responsible only up to the amount of their investment. Private income and assets as well as each partner's proportional share of the income and assets of the limited company.