GENERAL PARTNERSHIP AGREEMENT
STATE OF COLORADO
DOCUMENT HEADER
This General Partnership Agreement is entered into as of [EFFECTIVE DATE] by and among [PARTY A] and [PARTY B] (the "Partners").
The Partners form a general partnership pursuant to the Colorado Uniform Partnership Act (C.R.S. § 7-64-101 et seq.).
1. FORMATION
Formation under Colorado Uniform Partnership Act (C.R.S. § 7-64-101 et seq.).
2. NAME AND PURPOSE
Name: "[PARTNERSHIP NAME]". Purpose: [DESCRIBE BUSINESS PURPOSE].
3. CAPITAL CONTRIBUTIONS
Per Schedule A. No additional contributions required without consent.
4. ALLOCATIONS AND DISTRIBUTIONS
Profits and Losses allocated per Percentage Interests.
5. MANAGEMENT
Partners manage collectively. Major decisions require unanimous consent.
6. COVENANTS
Compliance with Colorado law; Confidentiality per Colorado Uniform Trade Secrets Act (C.R.S. § 7-74-101 et seq.).
7. BOOKS AND RECORDS
Maintained per C.R.S. § 7-64-403. Partner inspection rights.
8. INDEMNIFICATION
Mutual indemnification; Limitation of liability subject to C.R.S. § 7-64-306.
9. TRANSFER AND WITHDRAWAL
Transfer restrictions; Withdrawal per C.R.S. § 7-64-601 et seq.
10. DISSOLUTION
Per C.R.S. § 7-64-801 et seq. Statement of dissolution filed with Colorado Secretary of State.
11. DISPUTE RESOLUTION
Arbitration in Denver, Colorado under AAA Rules. Jury waiver included.
12. COLORADO-SPECIFIC PROVISIONS
- Governed by Colorado Uniform Partnership Act (C.R.S. § 7-64-101 et seq.)
- Statement of Partnership Authority may be filed per C.R.S. § 7-64-303
- Electronic signatures valid per C.R.S. § 24-71.3-101 et seq.
EXECUTION
| PARTNER | SIGNATURE | DATE |
|---|---|---|
| [PARTY A] | ___________________________ | __________ |
| [PARTY B] | ___________________________ | __________ |
SCHEDULE A
| Partner | Capital Contribution | Percentage Interest |
|---|---|---|
| [PARTY A] | $[AMOUNT] | [%] |
| [PARTY B] | $[AMOUNT] | [%] |