RS 01802.320 Contributions of Capital or Services From Each Partner — Operating Policy
Each partner must contribute to the partnership. Capital contribution of each need
not be equal. One partner may contribute only services, repute, or expertise to the
partnership and another, only capital. In this case, other elements should be considered
to see if a partnership exists.
Some businesses require very little capital to commence operations. Contributions
must be made in other forms, such as labor, or use of land, buildings or equipment.
In husband/wife businesses, consider that contributions from family funds or family
property are joint contributions, in the absence of evidence to the contrary.