MCL - Section 449.26

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Chapter 449
Act 72 of 1917
72-1917-V
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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