A New Mexico partnership agreement contains the rules that dictate how a company operates both internally and on the market. These provisions must also contain a full roster of the New Mexico partners with their required contributions, partnership authority, and access to profits or benefits.
When the New Mexico partners sign this agreement they will be expected to follow its provisions. This is true regardless of the entity type of the New Mexico partner executing this agreement.
State Definition
“(7) “partnership agreement” means the agreement, whether written, oral or implied, among the partners concerning the partnership, including amendments to the partnership agreement;”
Templates (6)