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Montana Partnership Agreement

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Montana Partnership Agreement

Updated March 19, 2024

A Montana partnership agreement is a document that defines how a business operates under two or more parties. It normally establishes dispute resolution, dissolution, ownership interests, duration, and liabilities. The agreement must be exhaustive in order to prevent confusion in the future.

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 35, Chapter 10 (§§ 101-724)
  2. Title 35, Chapter 12 (§§ 101-1522)
  3. Title 35, Chapter 10 (§§ 701-724)
  4. § 35-12-1515
  5. Title 35, Chapter 8 (§§ 101-1307)