Terms Used In Missouri Laws 358.200

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Under legal disability: includes persons within the age of minority or of unsound mind or imprisoned. See Missouri Laws 1.020

Partners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability.