Partnership Agreement
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Partnership Agreement Only the value of an individual partner's share is at risk, to the best of my knowledge. A club is not a business where all partners may be at risk. The partnership cannot be sued for the actions of 1 partner that are unrelated to the club's business. If anyone has a different opinion I would love to hear it. Linda Pointe Players Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone -------- Original message -------- From: WILMA SOSSAMAN Date:08/04/2014 5:55 PM (GMT-05:00) To: club_cafe@bivio.com Subject: [club_cafe] Partnership Agreement partnership agreement that was in the "Beardstown Ladies" Investment Club book. I was wondering if any of the clubs have had an agreement made up by a lawyer. A question that I keep on thinking about is, that we are getting older and if any one of us would have to go to a nursing home, can the nursing home take all the clubs money? What about if there is a car accident with one of us and they/we get sued. Thanks and I just love using Bivio. Wilma |
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