South Carolina Code 33-42-70. Nature of business
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 33-42-70
- 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.
A limited partnership may carry on any business that a partnership without limited partners may carry on.