Incorporating an agreement into the business structure of a newly formed partnership is a highly advisable measure to take for individuals looking to strengthen the organization of their entity. This document provides representatives of partnerships the ability to outline in black and white the rules and regulations that their managing members must follow on a daily basis. The State Corporation Commission has no requirement that an agreement be filed, thus there’s no legal obligation to draft one. We do however recommend using this to organize your business’s internal affairs as there are many provisions that are stated inside a partnership agreement that would otherwise remain undocumented without one. To download our free template agreement in MS Word or PDF formats, click on either of the above links or those found on the photo below.