Family partnership definition

Family partnership. ’ means a partnership comprised solely of immediate family members.
Family partnership means a partnership subject to a written partnership agreement entered into, or amended with consent of all partners, on or after July 1, 2024, in which, at the relevant time, members of the same family hold, in the aggregate, at least fifty percent (50%) of the interests in the partnership's profits or capital;
Family partnership means a partnership in which more than 50 per cent of the profits are payable to persons who are related by blood, marriage or adoption or to the spouses of persons who are so related.

Examples of Family partnership in a sentence

  • Ottawa, ON: Canadian Academy of Health Sciences.51 Clark, P.C. and Dunbar, S.B. (2003) Family partnership intervention: a guide for a family approach to care of patients with heart failure, AACN Clin Issues, 14: 467–76.52 BC Government & BC Medical Association.


More Definitions of Family partnership

Family partnership means a partnership in which all of the partners are natural persons related to each other, all of whom have a common ancestor within the third degree of relationship, by blood or by adoption, or the spouses or the stepchildren of any such persons, or persons acting in a fiduciary capacity for persons so related.
Family partnership. ’ means a
Family partnership means that staff and families develop authentic, trusting relationships and shared purposes to meet the whole family's strengths and areas the family identifies as opportunities for growth. In family partnerships, or in partnership with families, the staff of an 0-3 ECEAP contractor and members of the family, typically the parents or guardians, are both working towards a shared family focus, each have tasks or responsibilities. Family partnerships are activities and strategies which fall within family engagement.
Family partnership means a partnership in which all of the partners are natural
Family partnership means a partnership comprised solely of] investment vehicle

Related to Family partnership

  • Domestic partnership means an association of two or more persons to carry on as co-owners a

  • Foster family home means a private home in which children are placed for foster family care under supervision of the cabinet or a licensed child-placing agency;

  • Resident Partner means a partner who is a resident individual, a resident estate, a resident trust or a resident corporation. "Nonresident partner" means a partner other than a resident partner;

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or

  • REIT means a real estate investment trust under Section 856 of the Code.