Article 48. Reorganization and liquidation of the partnership

The reorganization of the partnership may occur in the form of merger, accession, division, and spin-off.

The reorganization of the partnership is carried out by the decision of the general meeting of members of the partnership, adopted by more than fifty percent of the votes of the members of the partnership.

The separation or division of the property of the reorganized partnership occurs commensurately with the participation of the members of the partnership in the formation of the partnership's property.

Upon the reorganization of the partnership, the acceptance and transfer of technical and other documentation related to common property is produced.

The liquidation of the partnership is produced in the cases and procedure established by legislation and the charter of the partnership.

Upon the liquidation of the partnership, the property of the partnership remaining after the satisfaction of creditors' claims is distributed among the members of the partnership commensurately with the participation of the members of the partnership in the formation of the partnership's property.