Partnership Incorporated Through Agreement

From Open Risk Manual

Definition

Partnership Incorporated Through Agreement. A partnership which has legal personhood, but for which there is not some issuance of limited partner equity


Issues and Challenges

An LLP (in the UK) is an example of this - in this case, the LLP document is the legal document which effectively constitutes the partnership

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.