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land use right or other properties,or labor services. When a partner intends to make capital contributions in kind,by intellectual property right,land use right or other properties,if the prices thereof need to be assessed,the price may be determined by all partners through negotiation or may be assessed by a statutory assessment institution entrusted by all partners. Where a partner makes capital contributions by labor services,the assessment method shall be determined by all partners through negotiation,and shall be stated in the partnership agreement. Article 17 A partner shall fulfill the capital contribution obligation in light of the way and amount of capital contribution and the time limit for payment as stipulated in the partnership agreement. As for the capital contributions in non-monetary properties for which the formalities for the transfer of property right shall be gone through according to laws or administrative regulations,the partner shall go through the said formalities Article 18 The partnership agreement shall clearly state the following matters: (1)the name and address of the main business operation place of the partnership enterprise; (2)the purpose and business scope of the partnership; (3)the name and domicile of each partner; (4)the ways and amounts of capital contribution by partners and the time limits for payment, (5)the ways for profit distribution and loss sharing; (6)the execution of the partnership affairs; Chin (7)the admission to and withdrawal from the partnership; (8)the settlement of disputes; 中国投 10 (9)the dissolution and liquidation of the partnership enterprise;and Invest (10)the liabilities for breach of contract. Article 19 The partnership agreement shall become effective after all partners affix their signatures or seals to it.The partners shall,in light of the partnership agreement,enjoy their rights and perform their duties. The modification or supplement of a partnership agreement shall be subject to the unanimous consent of all partners,unless it is otherwise stipulated in the partnership agreement. The matters that are not stipulated or not clearly stipulated in the partnership agreement shall be decided by the partners through negotiation.In the case of failure of negotiation,they may be handled according to the present Law,other laws and administrative regulations. Section 2 Property of a Partnership Enterprise Article 20 All the capital contributions made by partners,the proceeds and other properties acquired in the name of the partnership shall be the properties of the partnership enterprise. Article 21 Prior to the liquidation of a partnership enterprise,no partner may request to divide the properties of the partnership enterprise,unless it is otherwise provided for in the present Law. Where a partner privately transfers or disposes the properties of a partnership enterprise prior to liquidation, the partnership enterprise may not challenge any third party with good faith. Article 22 When a partner transfers its entire or partial share of his properties in a partnership enterprise,he shall acquire the unanimous consent of all other partners,unless it is otherwise provided for in the partnership agreement. In the case of transfer of a partner'entire or partial share of properties in a partnership enterprise to another partner,the other partners shall be notified of this transfer.land use right or other properties, or labor services. When a partner intends to make capital contributions in kind, by intellectual property right, land use right or other properties, if the prices thereof need to be assessed, the price may be determined by all partners through negotiation or may be assessed by a statutory assessment institution entrusted by all partners. Where a partner makes capital contributions by labor services, the assessment method shall be determined by all partners through negotiation, and shall be stated in the partnership agreement. Article 17 A partner shall fulfill the capital contribution obligation in light of the way and amount of capital contribution and the time limit for payment as stipulated in the partnership agreement. As for the capital contributions in non-monetary properties for which the formalities for the transfer of property right shall be gone through according to laws or administrative regulations, the partner shall go through the said formalities. Article 18 The partnership agreement shall clearly state the following matters: (1) the name and address of the main business operation place of the partnership enterprise; (2) the purpose and business scope of the partnership; (3) the name and domicile of each partner; (4) the ways and amounts of capital contribution by partners and the time limits for payment; (5) the ways for profit distribution and loss sharing; (6) the execution of the partnership affairs; (7) the admission to and withdrawal from the partnership; (8) the settlement of disputes; (9) the dissolution and liquidation of the partnership enterprise; and (10) the liabilities for breach of contract. Article 19 The partnership agreement shall become effective after all partners affix their signatures or seals to it. The partners shall, in light of the partnership agreement, enjoy their rights and perform their duties. The modification or supplement of a partnership agreement shall be subject to the unanimous consent of all partners, unless it is otherwise stipulated in the partnership agreement. The matters that are not stipulated or not clearly stipulated in the partnership agreement shall be decided by the partners through negotiation. In the case of failure of negotiation, they may be handled according to the present Law, other laws and administrative regulations. Section 2 Property of a Partnership Enterprise Article 20 All the capital contributions made by partners, the proceeds and other properties acquired in the name of the partnership shall be the properties of the partnership enterprise. Article 21 Prior to the liquidation of a partnership enterprise, no partner may request to divide the properties of the partnership enterprise, unless it is otherwise provided for in the present Law. Where a partner privately transfers or disposes the properties of a partnership enterprise prior to liquidation, the partnership enterprise may not challenge any third party with good faith. Article 22 When a partner transfers its entire or partial share of his properties in a partnership enterprise, he shall acquire the unanimous consent of all other partners, unless it is otherwise provided for in the partnership agreement. In the case of transfer of a partner' entire or partial share of properties in a partnership enterprise to another partner, the other partners shall be notified of this transfer
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