Prototype Limited Liability Partnership Agreement cover
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Prototype Limited Liability Partnership Agreement

ISBN
9781590312032
Publisher
American Bar Association
Condition
$76.99 one-time purchase · 15% restocking fee on returns

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Prototype Limited Liability Partnership Agreement ISBN 9781590312032

The Uniform Partnership Act (1997) (RUPA) represents a major modernization of partnership law. Now adopted in 31 U.S. jurisdictions, RUPA has rendered many traditional conventions for drafting partnership agreements outdated—particularly for partners seeking the protections of limited liability partnership (LLP) status.

This prototype partnership agreement demonstrates how to structure agreements in this updated legal environment. Each section of the agreement is accompanied by commentary referencing the relevant RUPA provisions and Official Comments, along with guidance on alternative drafting approaches tailored to specific circumstances. A selected bibliography offers a starting point for further research, and the agreement includes a variety of exhibits for practical use.

The text of the agreement and exhibits is also provided on the companion CD-ROM for easy customization, making this an essential resource for practitioners navigating partnership agreements under RUPA.

Published by the Committee on Partnerships and Unincorporated Business Organizations, ABA Section of Business Law

Prototype Limited Liability Partnership Agreement ISBN 9781590312032, 978-1590312032 & 978-15903-12032