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           Incorporation, Partnerships, LLCs & Legal Documents for Business Law

Business Law

If you are in business there are almost an untold number of legal documents you must deal with. Forms for some of these documents can be found on other pages of this site and some are here. The first thing to consider is what form of business are you. Is your business a sole proprietorship, a partnership, an corporation, or maybe an LLC?

If your business is a sole proprietorship or a general partnership you might consider making your business a form with some type of limited liability. There are several business entities which provide this protection for you personal assets.


A corporation or an incorporated business is a legal entity created by the state. The law regards the corporation as an entity distinct from its shareholders no matter if its an large corporation with tens of thousands of shareholders or a closely held corporation with two or three shareholders.

The Corporations page has more information and forms for corporation formation.

LLC, Limited Liability Company

The LLC, or Limited Liability Company, is a relatively new hybrid of a corporation and a partnership, or sole proprietorship. As the name implies, LLCs have limited liability, like a corporation. That is to say, the creditors of the LLC can only go after assets of the LLC, the owners, (called members,) of the LLC have their personal assets protected.

To learn more about LLCs or to download the forms for the creation of an LLC go to the LLC page.


A partnership is an association of two or more persons to carry on as co-owners a business for profit. Some partnerships have a written partnership agreement but it is not required. As a matter of fact there are people who are in a partnership and don't even know it.

General partnerships are the default partnership and if there is no written agreement to the contrary the partnership will be deemed a general partnership. General Partnerships have unlimited liability and each partner is jointly and several liable for the wrongful acts of the other partners.

Go to the Partnership page for forms and information about partnerships.

LLP, Limited Liability Partnership

A new form of partnership is the LLP, or Limited Liability Partnership. The LLP is much like the LLC but in most states the LLP is governed by partnership law whereas LLCs are a mixture of partnership law and corporate law.