Legal Forms

To search for a particular term please use the following search box.

Important Notice : Lawyerintl.com strongly recommends that you seek independent legal advice from a qualified lawyer before using any of the forms on this site, in order that you can verify the forms are suitable for your needs.


Liability Release By Partners



LIABILITY RELEASE BY PARTNERS

In the event of withdrawal, retirement, death, or otherwise dissolution by any partner in the firm, the remaining partners shall have the authorization to release that partner from any further indebtedness resulting from actions taken by the firm. The terms of such a release shall be proclaimed in a written agreement established by the remaining partners and approved by those partners holding [Percentage held by partner] % of the firms assets.



Signature and Title Dated


Signature and Title Dated


Signature and Title Dated