Article 228 — Extent of Liability of the Partnership

1/ Where a partner or an employee of the partnership intentionally, fraudulently or negligently commits fault or causes damage, in the course of carrying out the activities of the partnership, the partnership shall be jointly and severally, and without limit, liable with such partner or employee for the fault or damage. 2/ The partnership shall be relieved from liability where the injured party knew of the fact that the partner or employee who caused damage was not authorized to carry out the undertaking. 3/ The partnership alone shall be liable for any obligation except the ones indicated in Sub-Article (1) and (2) of this Article whether arising out of contract or other grounds. 4/ The partnership shall have insurance coverage to make good damage caused by professional fault committed by the partners or employees. The extent of the insurance coverage shall be determined by an appropriate organ.