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Minnesota Partnership Agreement

Minnesota Partnership Agreement

Updated March 19, 2024

A Minnesota partnership agreement is a record that breaks down business operations under two or more parties. It normally settles dispute resolution, dissolution, duration, ownership interests, and liabilities. The contract should be as specific as possible to reduce future confusion.

Partnership Types

  • General Partnerships (GP)[1]
  • Limited Partnership (LP)[2]
  • Limited Liability Partnership (LLP)[3]
  • Limited Liability Limited Partnership (LLLP)[4]
  • Limited Liability Companies (LLC)[5]

Sources

  1. Chapter 323A (§§ 0101-1203)
  2. Chapter 321 (§§ 0101-1208)
  3. Chapter 323A (§§ 1001-1004)
  4. § 321.0108
  5. Chapter 322C (§§ 0101-1205)