Owners' agreement
Term · Law · MLC-T-LAW-003599
A contract among the owners of a business entity, such as a corporation or partnership, outlining their rights, responsibilities, and the governance of the entity. This agreement typically addresses issues like profit distribution, decision-making processes, and procedures for selling ownership interests. It is also known as a shareholders' agreement or partnership agreement.
| Identifier | MLC-T-LAW-003599 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003599",
"term": "Owners' agreement",
"field": "Law",
"definition": "A contract among the owners of a business entity, such as a corporation or partnership, outlining their rights, responsibilities, and the governance of the entity. This agreement typically addresses issues like profit distribution, decision-making processes, and procedures for selling ownership interests. It is also known as a shareholders' agreement or partnership agreement.",
"url": "https://mlchart.com/terminology/law/owners-agreement/"
}
Record 3,599 of 5,445 in Law terminology (MLC-0107). Request the full dataset.