Section 11Chapter III

Determination of rights and duties of partners by contract between the partners

RELATIONS OF PARTNERS TO ONE ANOTHER

(1)

Subject to the provisions of this Act, the mutual rights and duties of the partners of a firm may be determined by contract between the partners, and such contract may be express or may be implied by a course of dealing. Such contract may be varied by consent of all the partners, and such consent may be express or may be implied by a course of dealing.