Kings New York Agreement for the Dissolution of a Partnership

State:
Multi-State
County:
Kings
Control #:
US-00426BG
Format:
Word; 
Rich Text
Instant download

Description

Partnerships may be dissolved by acts of the partners, order of a Court, or by operation of law. From the moment of dissolution, the partners lose their authority to act for the firm.

From the moment of dissolution, the partners lose their authority to act for the firm except as necessary to wind up the partnership affairs or complete transactions which have begun, but not yet been finished.

A partner has the power to withdraw from the partnership at any time. However, if the withdrawal violates the partnership agreement, the withdrawing partner becomes liable to the co partners for any damages for breach of contract. If the partnership relationship is for no definite time, a partner may withdraw without liability at any time.

DISSOLUTION BY ACT OF THE PARTIES

A partnership is dissolved by any of the following events:
* agreement by and between all partners;
* expiration of the time stated in the agreement;
* expulsion of a partner by the other partners; or
* withdrawal of a partner.

Free preview
  • Form preview
  • Form preview

How to fill out Kings New York Agreement For The Dissolution Of A Partnership?

Draftwing forms, like Kings Agreement for the Dissolution of a Partnership, to manage your legal matters is a tough and time-consumming task. Many circumstances require an attorney’s involvement, which also makes this task expensive. However, you can take your legal issues into your own hands and handle them yourself. US Legal Forms is here to save the day. Our website features more than 85,000 legal forms intended for a variety of scenarios and life situations. We make sure each form is compliant with the regulations of each state, so you don’t have to worry about potential legal issues compliance-wise.

If you're already familiar with our services and have a subscription with US, you know how easy it is to get the Kings Agreement for the Dissolution of a Partnership template. Go ahead and log in to your account, download the form, and personalize it to your needs. Have you lost your form? No worries. You can find it in the My Forms folder in your account - on desktop or mobile.

The onboarding process of new customers is just as simple! Here’s what you need to do before downloading Kings Agreement for the Dissolution of a Partnership:

  1. Ensure that your form is compliant with your state/county since the regulations for creating legal paperwork may differ from one state another.
  2. Learn more about the form by previewing it or reading a quick intro. If the Kings Agreement for the Dissolution of a Partnership isn’t something you were looking for, then take advantage of the search bar in the header to find another one.
  3. Sign in or register an account to start utilizing our website and download the form.
  4. Everything looks great on your side? Click the Buy now button and choose the subscription plan.
  5. Pick the payment gateway and enter your payment information.
  6. Your form is all set. You can try and download it.

It’s easy to locate and buy the needed template with US Legal Forms. Thousands of organizations and individuals are already taking advantage of our extensive collection. Sign up for it now if you want to check what other perks you can get with US Legal Forms!

Trusted and secure by over 3 million people of the world’s leading companies

Kings New York Agreement for the Dissolution of a Partnership