Is a partnership agreement good in the whole country or does each agreement need to be signed in each state? 4 Answers as of November 16, 2010
If I sign a partnership agreement in a certain state would it be good in other states or does each separate state require their own?
LT Pepper Law
| Luke T. Pepper
It is good around the entire country. Any dispute over the partnership will be decided by the courts in the state where the partnership was established.
Answer Applies to: Pennsylvania
Givner & Kaye
| Bruce Givner
A partnership valid in one state would be entitled to conduct business in other states. However, there are many potential issues that you should discuss with your CPA. For example, the partnership may need to file tax returns in other states (in which it conducts business); it may need to file with the Secretary of State in the other states (in which it conducts business). Again, those are only examples.
Answer Applies to: California
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