CC 2809 - Fiduciary duty; activities prejudicial to the partnership. - Louisiana Statutes

Art. 2809. Fiduciary duty; activities prejudicial to the partnership.

A partner owes a fiduciary duty to the partnership and to his partners. He may not conduct any activity, for himself or on behalf of a third person, that is contrary to his fiduciary duty and is prejudicial to the partnership. If he does so, he must account to the partnership and to his partners for the resulting profits.

Acts 1980, No. 150, §1.