MCL - Act 191 of 1877


PARTNERSHIP ASSOCIATIONS

Act 191 of 1877

AN ACT authorizing the formation of partnership associations, in which the capital subscribed shall alone be responsible for the debts of the association, except under certain circumstances.


History: 1877, Act 191, Eff. Aug. 21, 1877




The People of the State of Michigan enact:
Document Type Description
Section 449.301 Section Partnership associations; formation; capital stock; articles of association, contents, recording, certification.
Section 449.302 Section Partnership associations; liability of members; labor debts.
Section 449.303 Section Partnership associations; limited as last word in name; effect of omission.
Section 449.304 Section Partnership associations; interest, transfer; death of member, effect; scope, limitation.
Section 449.305 Section Partnership associations; meetings, notice; managers; debts and liabilities; rules.
Section 449.306 Section Partnership associations; division of profits, impairment of capital.
Section 449.307 Section Partnership associations; loan of credit, name or capital, interest.
Section 449.308 Section Partnership associations; dissolution, conditions.
Section 449.309 Section Partnership associations; dissolution, distribution of property.
Section 449.310 Section Partnership associations; real estate, ownership and conveyance; service of process.
Section 449.311 Section Saving clause.
Section 449.312 Section Partnership associations; franchise fee to accompany articles of association; void contracts; specific tax.
Section 449.313 Section Partnership associations; annual report; time, contents, blanks, examination, filing; failure, duties of attorney general; dissolution notice; penalties, collection.
Section 449.314 Section Existing associations; articles, filing; penalty; franchise fee.
Section 449.315 Section Existing associations; articles, amendment, procedure; evidence.
Section 449.316 Section Existing associations; reorganization as corporation, procedure; franchise fee; period of existence.