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Document Id : 5195
File Type : Microsoft Word
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Partnership Agreement to Dissolve on Death or Insolvency
Set up a partnership with this Partnership Agreement that provides for the partnership to dissolve upon the death, insolvency or mental incapacity of one of the partners.
- Decisions must be made by a majority of ownership interests.
- Any partner can also dissolve the partnership by giving written notice to the other partners.
- The partners agree to resolve any disputes through arbitration.
- There are no provisions for the sale or disposition of the interest of any partner, so partners cannot withdraw from the partnership.
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