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Connecticut Partnership Agreement

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Connecticut Partnership Agreement

Updated March 19, 2024

A Connecticut partnership agreement is a legal document that dictates the terms of a business relationship among two or more owners of a company. Valid only when signed by all parties, partnership agreements outline the ownership share, liability, and general business duties of each partner. Under a general partnership, each partner shares liability equally, while liability may vary among partners in a Limited Partnership arrangement.

“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]

Allowed Partnership Types

  • General Partnerships (GP)[2]
  • Limited Partnership (LP)[3]
  • Limited Liability Partnership (LLP)[4]
  • Limited Liability Companies (LLC)[5]


  1. Sec. 34-301(13)
  2. § 34-17
  3. §§ 34-9 — 34-38u
  4. §§ 34-406 — 34-435
  5. §§ 34-100 — 34-241