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Partnership Agreement for United States

Generate a partnership agreement that complies with United States law, with 7 mandatory clauses and 6 compliance checks built in.

What's required

  • Partnership Formation & Purpose

    Revised Uniform Partnership Act (RUPA) § 202

  • Capital Contributions & Accounts

    RUPA § 401; 26 C.F.R. § 1.704-1(b)

  • Allocation of Profits & Losses

    RUPA § 401(b); 26 U.S.C. § 704

  • Management & Decision-Making

    RUPA §§ 401(f), 401(j)

  • Dissolution & Winding Up

    RUPA §§ 601, 801-807

  • Severability

    Common law severability doctrine

  • Entire Agreement / Merger Clause

    Common law parol evidence rule

What's prohibited

  • Grant of unlimited individual authority to bind the partnership without consent

    Under RUPA, each partner is an agent of the partnership, but acts outside the ordinary course of business require consent. Granting unlimited unilateral authority to one partner without any consent requirements exposes all partners to unlimited personal liability.

Ready to create your United States partnership agreement?

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