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Mississippi Partnership Agreement

Mississippi Partnership Agreement
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Updated March 19, 2024

A Mississippi partnership agreement is a legal record that describes duties, roles, and liabilities for all partners involved. It generally determines liabilities, dissolution, dispute resolution, duration, and ownership interests. The contract needs to be as exhaustive as possible in order to reduce future misunderstandings.

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. Title 79, Chapter 13 (§§ 101-1206)
  2. Title 79, Chapter 14, §§ 101-1301)
  3. Title 79, Chapter 13 (§§ 1001-1006)
  4. § 79-14-114
  5. Title 79, Chapter 29 (§§ 101-1317)