from
Bouvier's Law Dictionary, Revised 6th Ed (1856)
UNIVERSAL PARTNERSHIP. The name of a specie's of partnership by which all
the partners agree to put in common all their property, universorum bonorum,
not only what they then have, but also what they shall acquire. Poth. Du
Contr. de Societe, n. 29.
2. In Louisiana, universal partnerships are allowed, but properly which
may accrue to one of the parties, after entering into the partnership, by
donation, succession, or legacy, does not become common stock, and any
stipulation to that effect, previous to the obtaining the property
aforesaid, is void. Civ. Code, art. 2800.