Mich. Comp. Laws § 449.15: Partners; joint and severable liability.
Where this section sits in the code
- MI Code
- Chapter 449
- Act Act-72-of-1917
Sec. 15.
(Nature of partner's liability). Except as otherwise provided by section 46, all partners are liable for both of the following:
Jointly and severally for everything chargeable to the partnership under sections 13 and 14.
Jointly for all other debts and obligations of the partnership. However, a partner may enter into a separate obligation to perform a partnership contract.
Collected 2026-09-14T18:32:31Z. Source file · JSON