Legal Question in Employment Law in Utah
Does a guaranteed payment to partner need to be documented in the Articles of Organization or Partnership Agreement?
Asked on 2/22/10, 8:52 am
1 Answer from Attorneys
Kelly Ann Booth
Bautista Booth Parkinson, PLLC
You need to provide more facts for an accurate answer, but you should document how partners agree are dealt with through an operating agreement.
Answered on 3/01/10, 9:39 pm