UNIFORM PARTNERSHIP ACT (EXCERPT)
Act 72 of 1917

449.26 Partner; interest in partnership as personal property.

Sec. 26.

(Nature of partner's interest in the partnership).

A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.

History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9866 ;-- CL 1948, 449.26

Rendered 8/16/2025 3:54 AM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov