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What if the partner cheats and doesn't give me money?
Legal basis: People's Republic of China (PRC) Partnership Enterprise Law.
Article 80 If a natural person as a limited partner dies, is declared dead according to law, or a legal person or other organization as a limited partner terminates, his successor or successor of rights may obtain the qualification of a limited partner in a limited partnership enterprise according to law.
Article 81 After a limited partner withdraws from the partnership, he shall be liable for the debts of the limited partnership caused by the reasons before the withdrawal with the property he retrieved from the limited partnership at the time of withdrawal.
Article 82 Unless otherwise agreed in the partnership agreement, the conversion of a general partner into a limited partner or a limited partner into a general partner shall be unanimously agreed by all partners.
Article 83 Where a limited partner is transformed into a general partner, it shall be jointly and severally liable for the debts incurred by the limited partnership enterprise during its tenure as a limited partner.
Article 84 Where a general partner is transformed into a limited partner, he shall be jointly and severally liable for the debts incurred by the partnership during his tenure as general partner.
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