Updated February 12, 2022
An Oregon partnership agreement is a legally binding contract that breaks down the distinguished roles, responsibilities, and liabilities for each partner involved. It normally certifies dissolution, duration, liabilities, ownership interests, and dispute resolution. The content should be extended for the sake of avoiding confusion in the future.
Partnership Types
- General Partnerships (GP) – Title 7, Chapter 67 (§§ 67.005-67.990)
- Limited Partnership (LP) – Title 7, Chapter 70 (§§ 70.005-70.990)
- Limited Liability Partnership (LLP) – Title 7, Chapter 67 (§§ 67.600-67.680)
- Limited Liability Companies (LLC) – Title 7, Chapter 63 (§§ 63.001-63.992)