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Remove Number Fields to the Partnership Agreement

Remove Number Fields to the Partnership Agreement

Aug 6th, 2022

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How to Remove Number Fields to the Partnership Agreement

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62 votes

Removing a business partner is a common concern, but it's generally challenging due to state laws and the absence of specific provisions in your agreement. Consulting an attorney in your state is crucial to understand your options. Under LLC and partnership acts, you cannot simply expel a partner, as they hold a legitimate ownership interest. A well-crafted LLC agreement may provide mechanisms for removal or transition to a non-voting status, highlighting the importance of planning in advance. Many people regret not establishing these provisions earlier, as they often seek to separate from partners after conflicts arise in their business.

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