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Connecticut Partnership Agreement

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Updated September 15, 2025

A Connecticut partnership agreement is a legal document that dictates the terms of a business relationship among two or more owners of a company. Partnership agreements outline each partner's ownership share, liability, and general business duties, and they are only valid when signed by all parties.

“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]