South Carolina partnership agreements comprise the general and distinct characteristics of a company by listing the partnership’s governing rules and the identities of its owners or partners. When this paperwork is drafted, it should specifically name the managerial authority of each partner and the protocols that they must follow when managing the business.
The South Carolina partners will be held to the signatures they supply to the finished contract therefore, this paperwork should only be executed once each is sure that they will be able and willing to uphold its statutes.
State Definition
“(9) “Partnership agreement” means any valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business.”
Templates (6)