Updated February 11, 2022
A Hawaii partnership agreement lays out the terms of a partnership among the owners of a business. The agreement, which must be signed by all parties, covers the rights and responsibilities of each party with respect to the business, as well as liabilities of the partners.
Partnership Types
- General Partnerships (GP) – §§ 425-1 — 425-21
- Limited Partnership (LP) – §§ 425E-301 — 425E-306
- Limited Liability Partnership (LLP) – §§ 425-151 — 425-173
- Limited Liability Companies (LLC) – §§ 428-101 – 428-1302