Cap. 16 Art. 1682Agreement to continue partnership in case of death of any one of the partners.

(1) It may be stipulated that in case of the death of one of the partners, the partnership shall continue with his heir, or only between the surviving partners.

(2) In the latter case, the heir of the deceased is only entitled to a partition of the partnership property having regard to the state of the partnership at the time of the partner’s death, and he shall not be entitled to participate in any subsequent right, except in so far as such right is the necessary consequence of transactions made before the death of the partner from whom he inherits.