Book 3 — Specific Contracts

Section 1045 — Share fixed only as to profits or only as to losses

Statutory text (Thai original)

ถ้าหุ้นส่วนของผู้ใดได้กำหนดไว้แต่เพียงข้างฝ่ายกำไรว่าจะแบ่งเอาเท่าไร หรือกำหนดแต่เพียงข้างขาดทุนว่าจะยอมขาดเท่าไรฉะนี้ไซร้ ท่านให้สันนิษฐานไว้ก่อนว่าหุ้นส่วนของผู้นั้นมีส่วนกำไรและส่วนขาดทุนเป็นอย่างเดียวกัน

Verbatim from the Royal Gazette / Office of the Council of State

English translation

If the share of a partner is fixed only as to profits, or only as to losses, the proportion is presumed to be the same for both profits and losses.

ThaiLawOnline translation, written from the Thai original and verified

Firm annotation

Section 1045 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source. The English translation is ThaiLawOnline's own, written from the Thai original and verified against it. Always rely on the Thai original for legal proceedings.

Related guides on ThaiLawOnline

This is educational reference, not legal advice. Consult a qualified Thai lawyer before relying on any provision.

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