partnership association

partnership association. A business organization that combines the features of a limited partnership and a close corporation. • Partnership associations are statutorily recognized in only a few states. — Also termed statutory partnership association; limited partnership association. [Cases: Partnership 349–376. C.J.S. Partnership §§ 402–441.]

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词条贡献者

资深译员Jenny，毕业于欧洲顶尖的高级翻译学院，擅长翻译涉及体育和运动场馆领域的法律文件。