“Partnership Agreement” Definition
“Partnership agreement” means the agreement, whether written, oral or implied, among the partners concerning the partnership, including amendments to the partnership agreement.[1]
Arizona Partnership Agreement
An Arizona partnership agreement is a contract between two or more individuals who enter into a business venture together. Depending on the type of entity incorporated, the partners may have different liabilities regarding the partnership's finances. The agreement is the only document that records each partner's ownership interest and responsibilities.
Updated June 24, 2024
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