Pennsylvania  |  Business Law

Legal Question

Asked on: 1/26/12, 5:29 pm

I am planning to be a 50% partner with my friend for a new sport bar. I am a sole financier and I want to limit my potential loss to an initial investment which will be sufficient for start-up and the first six months of operation. Also I want to sign off every additional financing if any (loan etc.) so that my personal assets will not be at risk without my explicit knowledge. What is the best form for incorporation/partnership for these situations in PA?

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