LTReikšminiai žodžiai: Bendrijų veiklos sutartis; Tikroji ūkinė bendrija; Komanditinė ūkinė bendrija; Partnership-operating agreement.
ENSince 1 September 2012, the Lithuanian commercial partnership, which is an entity (company), is no longer governed by a partnership agreement concluded by all general partners. Instead, the legislator has introduced a partnership operating agreement in a general and limited partnership, as a new type of agreement. All partners are parties to this agreement, e.g. both general and limited partners. The author concludes that partnership-operating agreement is of hybrid legal nature and has threefold purpose. First, partnership-operating agreement serves as the foundational contract to form a partnership. Second, it governs partnership‘s activities and affairs. Third, it specifies rights and obligations of both general and limited partners. However, there is no clear definition of legal nature of the agreement with respect to the last function and the law governing commercial partnership, which is a company, is not linked to the provisions of the Civil Code applicable to partnership agreement. It is concluded in the article that for not regulated general partners’ rights and obligations (both inter se and between them and the partnership) these provisions of the Civil Code apply by analogy. In other non-regulated cases, rights and obligation of partners shall be considered taking into account cooperation features of partnership-operating agreement, partner‘s role and entity status of a partnership. [From the publication]