University of Maryland Extension

partnership

Maryland’s largest brewery and the University of Maryland (UMD) are committed to developing the highest quality ingredients for Maryland beer. Flying Dog has engaged with UMD’s College of Agriculture...

Using a Business Organization Structure to Limit Your Farm's Liability

In Maryland, 82.7 percent of agricultural operations conduct business as sole proprietorships (Census of Agriculture, 2012). As agriculture continues to evolve, however, producers should consider investigating all types of business organization structures for their operations to limit liability and...

Partnerships Need a Plan for Winding Down Affairs

Photo by Edwin Remsberg This post is not legal advice Earlier, I posted on family limited partnerships , I'm continuing the theme today with what happens when a general partner passes away. For example, father and son start a general partnership to run the farm. This partnership will continue till...

Family Limited Partnership as a Business Structure?

Photo by Edwin Remsberg This post is not legal advice I’ve written about limited partnerships as a business structure previously, but let's review. A limited partnership is made up of at least one general partner and one or more limited partners. General partners manage the business and take all...

Using a Business Organization Structure to Limit Your Farm’s Liability

In Maryland, 82.7 percent of agricultural operations conduct business as sole proprietorships (Census of Agriculture, 2012). As agriculture continues to evolve, however, producers should consider investigating all types of business organization structure for their operations to limit liability and...

Let’s Partner Up: General Partnership Overview

Photo by Edwin Remsberg
This post should not be relied upon as legal advice Today we continue our series on business organizations and look at partnerships. A partnership is a separate legal entity created by two or more individuals (“partners”) who each contribute capital, equipment, and skills and share in profits and...
Maintained by the IET Department of the College of Agriculture and Natural Resources. © 2017. Web Accessibility