GroundRules
← Search the law
Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 449.154: Settlements with creditors; contribution between partners.

Read at publisher ↗
Where this section sits in the code
  1. MI Code
  2. Chapter 449
  3. Act Act-181-of-1859

Sec. 4.

Such settlement or compromise of 1 or more members of such firm or copartnership with a creditor of such firm or copartnership shall in no wise affect the right of the other partners to demand and recover from their copartners making such settlement or compromise their ratable portions of such firm or copartnership debt in the same manner and to the same extent as if this act had not been passed.

Collected 2026-09-14T18:32:31Z. Source file · JSON

Browse this collection