Michigan § 449.308 Partnership associations; dissolution, conditions.

Michigan Statutes

§ 449.308 — Partnership associations; dissolution, conditions.

Michigan § 449.308

Ch. 449PARTNERSHIPS

Act 191 of 1877PARTNERSHIP ASSOCIATIONS (449.301-449.316)

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Bluebook

Mich. Comp. Laws § 449.308 (2026).

Text

PARTNERSHIP ASSOCIATIONS (EXCERPT) Act 191 of 1877 449.308 Partnership associations; dissolution, conditions. Sec.

8.Such association may be dissolved: First, Whenever the period fixed for the duration of the association expires. Second, Whenever, by vote of a majority in number and value of interest it shall be so determined, and notice of such winding up shall be given by publication in 2 newspapers published in the proper city or county, at least 4 consecutive weeks; and immediately upon the commencement of said advertising, said association shall cease to carry on its business, except so far as may be required for the beneficial winding up thereof.

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PARTNERSHIP ASSOCIATIONS (EXCERPT) Act 191 of 1877 449.308 Partnership associations; dissolution, conditions. Sec. 8. Such association may be dissolved: First, Whenever the period fixed for the duration of the association expires. Second, Whenever, by vote of a majority in number and value of interest it shall be so determined, and notice of such winding up shall be given by publication in 2 newspapers published in the proper city or county, at least 4 consecutive weeks; and immediately upon the commencement of said advertising, said association shall cease to carry on its business, except so far as may be required for the beneficial winding up thereof.