1905

The actions which may be brought by a partner against the copartnership, or vice versa, shall prescribe after three years, counted, according to the cases, from the withdrawal of the partner, his exclusion, or from the dissolution of the copartnership.\nIt shall be necessary, in order that this period may run, to record in the commercial registry the withdrawal of the partner, his exclusion, or the dissolution of the copartnership. The right to recover the dividends or payments which are declared by reason of profit or capital on the part or share which is due each partner in the association funds, shall prescribe after five years, counted from the day fixed to commence their collection.\nHistory —Commerce Code, 1932, § 943.