State Government PartnershipVersion: 9.9.7

A partnership is an association of persons carrying on a business as partners or in receipt of income jointly, but does not include a company.

Family partnership

A partnership where two or more members are related to each other.

Limited partnership

A partnership where the liability of at least one of the partners is limited.

Other partnership

A partnership which consists of two or more people or entities carrying on a business or in receipt of income jointly. All other partnerships that are not limited partnerships or family partnerships.