Partnership Forms
March 3, 2011
Indiana Partnership Agreement – Long Form
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Indiana Partnership Agreement (Long Form). A partnership agreement is a document that formalizes the partnership of two or more people (not a husband and wife) in their ownership of a for-profit business. The Partnership Agreement – Long Form differs from the Short Form because it includes additional provisions governing termination, buyout of a partner and other subjects.
This packet includes:
(1) Instructions and Checklist for the Partnership Agreement
(2) Information about the Partnership Agreement
(3) Partnership Agreement (Long Form).
State Law Compliance: Designed for use in Indiana
Among others, this form includes the following provisions:
Name of Business
Principal Place of Business
Term
Capital Contribution
Profits and Losses
Management
Transfer of Partnership Interests and Rights
Termination of Partnership
Buyout
Cumulative rights
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