MCL - Index of Chapter 449
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Chapter 449 | PARTNERSHIPS |
| Act 72 of 1917 | UNIFORM PARTNERSHIP ACT (449.1 - 449.48) |
| 72-1917-I | PART I PRELIMINARY PROVISIONS. (449.1...449.5) |
| Section 449.1 | Uniform partnership act; short title. |
| Section 449.2 | Uniform partnership act; definitions. |
| Section 449.3 | Uniform partnership act; interpretation of knowledge and notice. |
| Section 449.4 | Rules of construction. |
| Section 449.5 | Rules for cases not provided for in act. |
| 72-1917-II | PART II NATURE OF A PARTNERSHIP. (449.6...449.8) |
| Section 449.6 | Partnership; definition; effect of act as to prior and limited partnerships. |
| Section 449.7 | Rules for determining existence of partnership. |
| Section 449.8 | Partnership property; definition. |
| 72-1917-III | PART III RELATIONS OF PARTNERS TO PERSONS DEALING WITH THE PARTNERSHIP. (449.9...449.17) |
| Section 449.9 | Partner as agent of partnership relative to partnership business. |
| Section 449.10 | Real property of partnership; conveyance of title. |
| Section 449.11 | Partnership; effect of admission of partner. |
| Section 449.12 | Partnership; effect of knowledge of or notice to partner. |
| Section 449.13 | Partnership; liability for wrongful acts of partner. |
| Section 449.14 | Partnership; effect of partner's breach of trust. |
| Section 449.15 | Partners; joint and severable liability. |
| Section 449.16 | Partnership by estoppel; liability. |
| Section 449.17 | Incoming partner; liability. |
| 72-1917-IV | PART IV RELATIONS OF PARTNERS TO ONE ANOTHER. (449.18...449.23) |
| Section 449.18 | Rules for determining rights and duties of partners. |
| Section 449.19 | Partnership books; location, accessibility. |
| Section 449.20 | Partner; duty to render information. |
| Section 449.21 | Partner; accountability as fiduciary. |
| Section 449.22 | Partner; right to formal account. |
| Section 449.23 | Partnership; continuation beyond fixed term. |
| 72-1917-V | PART V PROPERTY RIGHTS OF A PARTNER. (449.24...449.28) |
| Section 449.24 | Partner; extent of property rights. |
| Section 449.25 | Partner; rights in specific partnership property. |
| Section 449.26 | Partner; interest in partnership as personal property. |
| Section 449.27 | Partner's interest; assignment, effect. |
| Section 449.28 | Partner's interest; subject to charging order. |
| 72-1917-VI | PART VI DISSOLUTION AND WINDING UP. (449.29...449.48) |
| Section 449.29 | Dissolution of partnership; definition. |
| Section 449.30 | Dissolution; partnership not terminated. |
| Section 449.31 | Dissolution; causes. |
| Section 449.32 | Dissolution; decree of court. |
| Section 449.33 | Dissolution; effect as to authority of partner. |
| Section 449.34 | Dissolution; liability of partner. |
| Section 449.35 | Dissolution; power of partner to bind partnership. |
| Section 449.36 | Dissolution; effect as to partner's existing liability. |
| Section 449.37 | Dissolution; rights of partner to wind up partnership affairs. |
| Section 449.38 | Dissolution; rights of partner to application of partnership property. |
| Section 449.39 | Dissolution; rights of partner when partnership dissolved for fraud or misrepresentation. |
| Section 449.40 | Dissolution; rules for distribution of assets and liabilities. |
| Section 449.41 | Dissolution; liability of persons continuing business. |
| Section 449.42 | Dissolution; rights of retiring or deceased partner when business continued. |
| Section 449.43 | Dissolution; accrual of rights. |
| Section 449.44 | Limited liability partnership; registration procedures. |
| Section 449.45 | Registered limited liability partnership; name. |
| Section 449.46 | Registered limited liability partnership; liability of partner. |
| Section 449.47 | Foreign limited liability partnership. |
| Section 449.48 | Registration or renewal for limited liability partnership; filing. |
| Act 164 of 1913 | COPARTNERSHIPS (449.101 - 449.106) |
| Section 449.101 | Copartnerships; certificate required, filing, contents. |
| Section 449.101a | Certificate of copartnership; signers authorized to conduct business as partners for 5 years; renewal certificate; filing, fee, forms, and duration; notice; destruction of certificate; imposition of fees by certain charter counties. |
| Section 449.101b | Copartnership certificate; renewal, notice. |
| Section 449.102 | Copartnership certificate; name change, procedure, interim effect. |
| Section 449.103 | Copartnership certificate; certified copy as evidence. |
| Section 449.104 | Copartnership certificate; filing; assumed name, rejection by county clerk. |
| Section 449.104a | Copartnership under assumed name; change of business location certificate, attachment. |
| Section 449.104b | Copartnership under assumed name; discontinuance of business certificate; use of name by others, objection. |
| Section 449.105 | Certificates and renewal certificates; alphabetical index; indexing and filing fee; cost of certified copies. |
| Section 449.106 | Violation of act; penalty; effect on validity and enforcement of contracts. |
| Act 181 of 1859 | PARTNERS AND JOINT DEBTORS; SETTLEMENTS OR COMPROMISES WITH CREDITORS (449.151 - 449.155) |
| Section 449.151 | Copartnerships; settlements with creditors; discharge of partner not party. |
| Section 449.152 | Settlements with creditors; written discharge by creditors, bar to recovery. |
| Section 449.153 | Settlements with creditors; rights against undischarged partners not impaired; right to set off and defense. |
| Section 449.154 | Settlements with creditors; contribution between partners. |
| Section 449.155 | Extension of act to joint debtors. |
| Act 110 of 1931 | Repealed-UNIFORM LIMITED PARTNERSHIP ACT (449.201 - 449.231) |
| Act 191 of 1877 | PARTNERSHIP ASSOCIATIONS (449.301 - 449.316) |
| Section 449.301 | Partnership associations; formation; capital stock; articles of association, contents, recording, certification. |
| Section 449.302 | Partnership associations; liability of members; labor debts. |
| Section 449.303 | Partnership associations; limited as last word in name; effect of omission. |
| Section 449.304 | Partnership associations; interest, transfer; death of member, effect; scope, limitation. |
| Section 449.305 | Partnership associations; meetings, notice; managers; debts and liabilities; rules. |
| Section 449.306 | Partnership associations; division of profits, impairment of capital. |
| Section 449.307 | Partnership associations; loan of credit, name or capital, interest. |
| Section 449.308 | Partnership associations; dissolution, conditions. |
| Section 449.309 | Partnership associations; dissolution, distribution of property. |
| Section 449.310 | Partnership associations; real estate, ownership and conveyance; service of process. |
| Section 449.311 | Saving clause. |
| Section 449.312 | Partnership associations; franchise fee to accompany articles of association; void contracts; specific tax. |
| Section 449.313 | Partnership associations; annual report; time, contents, blanks, examination, filing; failure, duties of attorney general; dissolution notice; penalties, collection. |
| Section 449.314 | Existing associations; articles, filing; penalty; franchise fee. |
| Section 449.315 | Existing associations; articles, amendment, procedure; evidence. |
| Section 449.316 | Existing associations; reorganization as corporation, procedure; franchise fee; period of existence. |
| Act 45 of 1909 | PARTNERSHIP ASSOCIATIONS; ELECTION OF MANAGERS (449.351 - 449.351) |
| Section 449.351 | Partnership associations; election of managers, procedure, time, number. |
| Act 105 of 1919 | PARTNERSHIP ASSOCIATIONS LIMITED (449.371 - 449.373) |
| Section 449.371 | Partnership associations limited; continuance of existence, procedure; evidence; franchise fee. |
| Section 449.372 | Partnership associations limited; renewal, powers conferred; articles and by-laws, amendment. |
| Section 449.373 | Partnership associations limited; expired term, extension. |
| Act 213 of 1982 | MICHIGAN REVISED UNIFORM LIMITED PARTNERSHIP ACT (449.1101 - 449.2108) |
| 213-1982-1 | ARTICLE 1 (449.1101...449.1109) |
| Section 449.1101 | Definitions. |
| Section 449.1102 | Name of limited partnership; requirements and restrictions. |
| Section 449.1103 | Name of limited partnership; reservation of exclusive right to use; application; time period; expiration; extension; transfer of right. |
| Section 449.1104 | Transacting business under assumed name; certificate. |
| Section 449.1105 | Maintenance of office and agent for service of process; resignation of agent; appointment of successor. |
| Section 449.1106 | Records required to be kept at office; inspection and copying by partner or representative. |
| Section 449.1107 | Business which may be carried on. |
| Section 449.1108 | Loans by partner and other transactions with limited partnership; rights and obligations. |
| Section 449.1109 | Agreement to pay interest in excess of legal rate; defense of usury prohibited. |
| 213-1982-2 | ARTICLE 2 (449.1201...449.1210) |
| Section 449.1201 | Formation; certificate of limited partnership; contents; date of formation. |
| Section 449.1202 | Certificate of limited partnership; amendment; contents of certificate of amendment; events necessitating amendment; liability; restated certificate of limited partnership; effective date of amendment. |
| Section 449.1203 | Certificate of limited partnership; cancellation; contents of certificate of cancellation; effective date of cancellation. |
| Section 449.1204 | Manner of executing certificates. |
| Section 449.1205 | Failure to execute certificate; circuit court proceedings; court-ordered certificate; assessment of court costs and attorney fees; effective date of court-ordered amendment or cancellation. |
| Section 449.1206 | Documents; filing; submission; delivery; endorsement; return of copy or original; public inspection; records or files; effective date of documents; forms; fees. |
| Section 449.1207 | False statements in certificate; recovery of damages. |
| Section 449.1208 | Certificate on file as notice of matters included therein. |
| Section 449.1209 | Delivery of copy of certificate to limited partners upon return of certificate by administrator. |
| Section 449.1210 | Merger or consolidation of domestic limited partnerships; plan of merger or consolidation; certificate; applicable provisions; abandonment; merger or consolidation of domestic limited partnership with foreign limited partnership; surviving or new limited partnership; “business organization” and “entity” defined; merger or consolidation of domestic limited partnership with business organization. |
| 213-1982-3 | ARTICLE 3 (449.1301...449.1305) |
| Section 449.1301 | Admission of additional limited partners. |
| Section 449.1302 | Voting rights of limited partners. |
| Section 449.1303 | Liability of limited partner for obligations of limited partnership. |
| Section 449.1304 | Liability of person erroneously but in good faith believing he or she is limited partner. |
| Section 449.1305 | Rights of limited partner. |
| 213-1982-4 | ARTICLE 4 (449.1401...449.1405) |
| Section 449.1401 | Admission of additional general partners. |
| Section 449.1402 | Events causing cessation as general partner. |
| Section 449.1403 | General partner; rights and powers; restrictions. |
| Section 449.1404 | General partner; right to contribute to partnership and share in profits and losses as general or limited partner; rights, powers, restrictions, and liabilities of one person as both general and limited partner. |
| Section 449.1405 | Voting rights of general partners. |
| 213-1982-5 | ARTICLE 5 (449.1501...449.1504) |
| Section 449.1501 | Contribution of partner, form. |
| Section 449.1502 | Obligation of limited partner to contribute; obligation upon failure to contribute; compromise of obligation; creditor enforcement of original obligation; obligation of general partner to contribute. |
| Section 449.1503 | Allocation of profits and losses among partners; determining value of contributions. |
| Section 449.1504 | Allocation of cash and other assets among partners; determining value of contributions. |
| 213-1982-6 | ARTICLE 6 (449.1601...449.1608) |
| Section 449.1601 | Right of partner to receive distributions before partner's withdrawal from partnership and before dissolution and winding up of partnership. |
| Section 449.1602 | Right of general partner to withdraw; recovery by limited partner for breach of partnership agreement. |
| Section 449.1603 | Right of limited partner to withdraw. |
| Section 449.1604 | Right of withdrawing partner to receive distribution and fair value of partnership interest. |
| Section 449.1605 | Distribution in cash or in kind. |
| Section 449.1606 | Status and remedies of partner as creditor with respect to distribution. |
| Section 449.1607 | Distribution; limitation. |
| Section 449.1608 | Limited partner; liability following return of contribution. |
| 213-1982-7 | ARTICLE 7 (449.1701...449.1705) |
| Section 449.1701 | Partnership interest as personal property. |
| Section 449.1702 | Partnership interest; assignment; effect. |
| Section 449.1703 | Charging partnership interest with payment of unsatisfied amount of judgment; rights of judgment creditor; exemptions. |
| Section 449.1704 | Assignee; right to become limited partner; rights, powers, restrictions, and liabilities of assignee who becomes limited partner. |
| Section 449.1705 | Effect of death or adjudication of disability of individual partner; non-individual partner; effect of dissolution or termination of corporation, trust, or other entity as partner. |
| 213-1982-8 | ARTICLE 8 (449.1801...449.1805) |
| Section 449.1801 | Dissolution of limited partnership. |
| Section 449.1802 | Court-ordered dissolution on application by or for partner; grounds; other relief; forwarding order of dissolution to administrator. |
| Section 449.1803 | Action by attorney general for dissolution; grounds; other actions. |
| Section 449.1804 | Authority to wind up limited partnership's affairs. |
| Section 449.1805 | Distribution of assets upon winding up. |
| 213-1982-9 | ARTICLE 9 (449.1901...449.1910) |
| Section 449.1901 | Foreign limited partnership; governing laws; effect of difference between laws on registration. |
| Section 449.1902 | Registration required; application. |
| Section 449.1903 | Certificate of registration; issuance; return to applicant. |
| Section 449.1904 | Registration of name. |
| Section 449.1905 | Correction of false or inaccurate statements in application for registration. |
| Section 449.1906 | Cancellation of registration; effect. |
| Section 449.1907 | Maintaining court action in state before registration prohibited; effect of transacting business in state without registration. |
| Section 449.1908 | Action to restrain foreign limited partnership from transacting business in state. |
| Section 449.1909 | Activities not considered to be transacting business in state. |
| Section 449.1910 | Making or participating in certain loans without registering in state. |
| 213-1982-10 | ARTICLE 10 (449.2001...449.2005) |
| Section 449.2001 | Limited partner; right to bring action to recover judgment. |
| Section 449.2002 | Status of plaintiff in derivative action. |
| Section 449.2003 | Complaint in derivative action; contents. |
| Section 449.2004 | Discontinuance, compromise, or settlement of derivative action; court approval; notice; costs. |
| Section 449.2005 | Awarding expenses to plaintiff in successful derivative action; remittance to limited partnership of remainder of proceeds; exception; action brought without reasonable cause; payment of defendants' expenses by plaintiff. |
| 213-1982-11 | ARTICLE 11 (449.2101...449.2108) |
| Section 449.2101 | Application and construction of act. |
| Section 449.2102 | Short title. |
| Section 449.2103 | Severability. |
| Section 449.2104 | Effective date; repeal of MCL 449.201 to 449.231. |
| Section 449.2105 | Effect of act on existing limited partnerships. |
| Section 449.2106 | Case not provided for in act governed by MCL 449.1 to 449.43. |
| Section 449.2107 | Fee schedule; payment; other charges; deposit and use of fees. |
| Section 449.2108 | Effective date. |