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Marginalia
Code · Michigan · Chapter 449 — Partnerships

449.26 Partner; interest in partnership as personal property.

53 words·~1 min read·/mi/chapter-449/449-26

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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
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