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Code · Michigan · Chapter 449 — Partnerships

449.29 Dissolution of partnership; definition.

60 words·~1 min read·/mi/chapter-449/449-29

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449.29 Dissolution of partnership; definition.
Sec. 29.
(Dissolution defined). The dissolution of a partnership is the change in the relation of the partners caused by any partner ceasing to be associated in the carrying on as distinguished from the winding up of the business.
History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9869 ;-- CL 1948, 449.29
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