Partnership & LLCColorado

Free Colorado Partnership Agreement

Download a professional Colorado Partnership Agreement template. Compliant with Colorado Revised Statutes for general partnerships. Fully customizable.

325 wordsUpdated September 10, 2026

Who is this template for?

Two or more individuals starting a new business venture in Colorado who want to define roles, profit sharing, and dispute resolution.
Existing business partners looking to formalize their verbal agreement into a legally binding document under Colorado law.
Professional service providers (e.g., consultants, designers) forming a partnership to share overhead costs and liability.
Family members or friends launching a joint project who need clear guidelines on capital contributions and exit strategies.

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1. PARTIES

This Colorado Partnership Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and between [PARTNER A NAME], residing at [ADDRESS A] ("Partner A"), and [PARTNER B NAME], residing at [ADDRESS B] ("Partner B"). Collectively, the parties shall be referred to as the "Partners."

2. FORMATION AND NAME

The Partners hereby form a general partnership under the laws of the State of Colorado. The business of the partnership shall be conducted under the name [PARTNERSHIP NAME] (the "Partnership"). The principal office of the Partnership shall be located at [BUSINESS ADDRESS].

3. PURPOSE

The purpose of the Partnership is to engage in [DESCRIPTION OF BUSINESS ACTIVITIES] and any other lawful business activities as may be determined by the Partners from time to time.

4. TERM

The Partnership shall commence on the Effective Date and shall continue until dissolved in accordance with the provisions of this Agreement or by operation of law under the Colorado Uniform Partnership Act (1997).

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