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Free Legal Forms Online - Download and Print a Free Printable Business Form from All Law - Partnership - Minimum Profit Needed for Dispersal

MINIMUM PROFIT NEEDED FOR DISPERSAL

 

Absolutely no partner has the authorization to withdraw any amount of the partnership�s net profit until the net profit is in excess of______________________ ($_____). This amount shall be reserved and will be known as the partnership capital. If this stipulation is met, each and every partner may withdraw any percent of their personal share.

_________________________ _________________

Partner Signature Date

 

_________________________ _________________

Partner Signature Date

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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