Set up a US brokerage firm for dealing in stocks, bonds and commodities with this
USA Brokerage Partnership Agreement.
- Capital contributions of the partners include stock exchange memberships which will form part of the partnership's assets during the life of the firm.
- Capital contributions will bear interest, calculated and payable on the first day of each calendar quarter.
- All partners will participate in managing the business.
- No partner may use the capital of the business for speculation or marginal transactions without the consent of all of the partners.
- No credit is to be advanced to any client without the consent of all of the partners.
- If a partner dies or becomes incapacitated, or voluntarily withdraws from the partnership, the value of his/her interest will be determined and paid out within a specified time period.
This
USA Brokerage Partnership Agreement template is provided in MS Word format, and is fully editable to fit your particular circumstances.
