Civil Code Article 704

This English translation was last updated on 2021-01-20, but the Chinese text was amended on 2026-08-17. Later amendments may not be reflected in the translation — please refer to the Chinese text.

The affairs of the sleeping partnership shall be exclusively managed by the active partner.No rights or obligations towards third parties shall accrue to the sleeping partner on account of transactions entered into by the active partner.
中文原文 民法第704條
隱名合夥之事務,專由出名營業人執行之。
隱名合夥人就出名營業人所為之行為,對於第三人不生權利義務之關係。

English translation for reference only; the Chinese text prevails. Not legal advice.