Acts and Regulations

P-5 - Partnerships and Business Names Registration Act

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Certificate signed by member of firm
8A person who signs a certificate of partnership registered under this Act, or a certificate of change of membership of partnership kept at the principal place of business of the firm in the Province certifying that the person is a member of the firm, is deemed to continue to be a member of the firm until the earlier of 
(a) a certificate of change of membership under subsection 3.2(1) is completed and signed by all the members in accordance with section 3.2 certifying that the person has ceased to be a member of the firm,
(b) a certificate of dissolution of partnership under subsection 4(2) certifying that the partnership has been dissolved is registered under this Act, or
(c) a certificate signed by the person certifying that the person is not a member of the firm is given to the firm.
R.S., c.168, s.8; 1980, c.39, s.8; 2022, c.2, s.1
Certificate signed by member of firm
8Where a person has signed a certificate of partnership or a certificate required under subsection 4(1), stating that he is a member of a firm, and the certificate has been registered, that person shall for all purposes be deemed to be and to continue to be a member of the firm until
(a) a certificate in the form prescribed under subsection 4(1) is registered showing that he has ceased to be a member of the firm,
(b) a certificate of dissolution mentioned in subsection 4(3) is registered showing that the partnership has been dissolved, or
(c) a certificate signed by him stating that he is not a member of the firm is registered by filing it, accompanied by the fee prescribed by regulation, with the registrar,
but any person who has given notice in writing that he is not a member of the firm has the right to establish that he is not a member of the firm as against the person or persons to whom the notice was given, with respect to transactions had after the notice was given.
R.S., c.168, s.8; 1980, c.39, s.8