Societe En Commendite

In Louisiana. A partnership formed by a contract by which one person or partnership agrees to furnish another person or partnership a certain amount, either in property or money, to be employed by the person or of receiving a share in the profits, in the proportion determined by the contract, and of being liable to losses and expenses to the amount furnished, and no more. Civ. Code La. art. 2810; Code de Comm. 26, 33. 4 Pardessus, Dr. Com. note 1027; Dalloz, "Societe Commerciale," note 166. See "Commendam."