Contributions and Contributions Exceeding Maximum

CONTRIBUTIONS AND CONTRIBUTIONS EXCEEDING MAXIMUM

 

As a legally binding amendment to our partnership agreement dated ____________________ we, _____________________________________ and ___________________________________ submit the following: _____________________________________________________

In the event a partner chooses to exceed the maximum amount of contributions to his capital account of the partnership, the amount which exceeds the maximum is defined as a loan to the partnership. This money determined as a loan will be paid back to the partner in the following manner:  

 

______________________________ ______________

Partner Date

 

______________________________ ______________        

Partner 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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