8 chapters · 157 sections in this title.
Mich. Comp. Laws § 449.301 Partnership associations; formation; capital stock; articles of association, contents, recording, certification.
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Sec. 1. When any 3 or more persons may desire to form a partnership association, for the purpose of conducting any lawful business or occupation within the United States or elsewhere, whose principal office or place of business shall be established and maintained within this stat…
Mich. Comp. Laws § 449.302 Partnership associations; liability of members; labor debts.
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Sec. 2. The members of any such partnership association shall not be liable under any judgment, decree, or order which shall be obtained against such association, or for any debt or engagement of such company, further or otherwise than is hereinafter provided, that is to say: if …
Mich. Comp. Laws § 449.303 Partnership associations; limited as last word in name; effect of omission.
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Sec. 3. The word “limited” shall be the last word of the name of every partnership association formed under the provisions of this act; and every such association shall paint or affix, and shall keep painted or affixed, its name on the outside of every office or place in which th…
Mich. Comp. Laws § 449.304 Partnership associations; interest, transfer; death of member, effect; scope, limitation.
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Sec. 4. Interest in said association shall be personal estate, and may be transferred under such rules and regulations as the association may prescribe, but no transferee of any interest, or the representatives of any decedent, or of any insolvent shall be entitled thereafter to …