Companies Law

1. A company’s manager, whether a partner or otherwise, shall have the right to resign, provided that he notifies the partners in writing at least 60 days prior to the effective date of his resignation, unless stipulated otherwise in the company’s articles of incorporation or in the appointment contract; otherwise, he shall be liable for any damage arising from his resignation. 2. The resignation of the manager shall not result in the dissolution of the company, unless stipulated in the company’s articles of incorporation. Chapter 4: Interests and Partners in General Partnerships