Bakersfield California Agreement Adding Silent Partner to Existing Partnership
Category:
State:
Multi-State
City:
Bakersfield
Control #:
US-0046BG
Format:
Word;
Rich Text
Instant download
Description
Silent Partnership Agreement allows a silent partner to share in the business' gains and losses, but maintain a more hands-off approach when it comes to the day to day management of the company. The addition of a silent partner can provide a new infusion of capital. Despite the benefits, however, there are still a lot of details that need to be worked out - a Silent Partnership Agreement helps define all the terms your agreement.
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