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North Dakota Partnership Agreement

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North Dakota Partnership Agreement

Updated March 19, 2024

A North Dakota partnership agreement is a document that defines the management structure of a partnership. It ordinarily sets forth dispute resolution, ownership interests, duration, dissolution, and liabilities. The agreement has to be as comprehensive as possible in order to avoid future conflicts.

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 45, Chapters 13-21
  2. Title 45, Chapter 10.2
  3. Title 45, Chapter 22
  4. Title 45, Chapter 23
  5. Title 10, Chapter 32.1