Updated February 10, 2022
A Missouri partnership agreement is a contract that outlines distinguished roles, responsibilities, and liabilities for each partner involved. It ordinarily documents duration, liabilities, ownership interests, dispute resolution, and dissolution. The content has to be extensive in order to limit disagreements in the future.
Partnership Types
- General Partnerships (GP) – Title 13, Chapter 358 (§§ 010-520)
- Limited Partnership (LP) – Title 13, Chapter 359 (§§ 011-691)
- Limited Liability Partnership (LLP) – Title 13, Chapter 358 (§§ 440-450), § 358.500
- Limited Liability Limited Partnership (LLLP) – § 358.510, § 359.172
- Limited Liability Companies (LLC) – Title 13, Chapter 347 (§§ 010-740)