Michigan Compiled Laws 213-1982-7 Article 7 (449.1701...449.1705)

• Section 449.1701 Partnership Interest As Personal Property.
  A partnership interest is personal property. History: 1982, Act 213, Eff. Jan. 1, 1983
• Section 449.1702 Partnership Interest; Assignment; Effect.
  Except as provided in the partnership agreement: (i) a partnership interest is assignable in whole or in part; (ii) an assignment of a partnership...
• Section 449.1703 Charging Partnership Interest With Payment Of Unsatisfied Amount Of Judgment; Rights Of Judgment Creditor; Exemptions.
  Upon application to a court of competent jurisdiction by any judgment creditor of a partner, the court may charge the partnership interest of the...
• Section 449.1704 Assignee; Right To Become Limited Partner; Rights, Powers, Restrictions, And Liabilities Of Assignee Who Becomes Limited Partner.
  (a) An assignee of a partnership interest, including an assignee of a general partner, may become a limited partner if and to the extent...
• Section 449.1705 Effect Of Death Or Adjudication Of Disability Of Individual Partner; Non-individual Partner; Effect Of Dissolution Or Termination Of Corporation, Trust, Or Other Entity As Partner.
  If a partner who is an individual dies or a court of competent jurisdiction adjudges the partner to be unable to manage his or...

Last modified: October 10, 2016