{"data":{"id":"us-mi/mich.-comp.-laws-449.35","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 449.35","heading":"Dissolution; power of partner to bind partnership.","body":"Sec. 35.\n\n(Power of partner to bind partnership to third persons after dissolution).\n\nAfter dissolution a partner can bind the partnership except as provided in paragraph 3:\n\nBy any act appropriate for winding up partnership affairs or completing transactions unfinished at dissolution,\n\nBy any transaction which would bind the partnership if dissolution had not taken place, provided the other party to the transaction:\n\nHad extended credit to the partnership prior to dissolution and had no knowledge or notice of the dissolution, or\n\nThough he had not so extended credit, had nevertheless known of the partnership prior to dissolution, and, having no knowledge or notice of dissolution, the fact of dissolution had not been advertised in a newspaper of general circulation in the place, or in each place if more than 1, at which the partnership business was regularly carried on;\n\nThe liability of a partner under paragraph (1b) shall be satisfied out of partnership assets alone when such partner had been prior to dissolution:\n\nUnknown as a partner to the person with whom the contract is made, and\n\nSo far unknown and inactive in partnership affairs that the business reputation of the partnership could not be said to have been in any degree due to his connection with it;\n\nThe partnership is in no case bound by any act of a partner after dissolution:\n\nWhere the partnership is dissolved because it is unlawful to carry on the business, unless the act is appropriate for winding up partnership affairs, or\n\nWhere the partner has become bankrupt, or\n\nWhere the partner has no authority to wind up partnership affairs, except by a transaction with one who:\n\nHad extended credit to the partnership prior to dissolution and had no knowledge or notice of his want of authority, or\n\nHad not extended credit to the partnership prior to dissolution, and, having no knowledge or notice of his want of authority, the fact of his want of authority has not been advertised in the manner provided for advertising the fact of dissolution in paragraph (1bII);\n\nNothing in this section shall affect the liability under section 16 of any person who after dissolution represents himself or consents to another representing him as a partner in a partnership engaged in carrying on business.","path":["MI Code","Chapter 449","Act Act-72-of-1917"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-449-35","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"ac37ad3a325cb85cc8a7ce29a4a217bd3fa162b4e3c870fa4742a7c5d5480ef8","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-449.34","next":"us-mi/mich.-comp.-laws-449.36"},"notice":"GroundRules: Original legal text. Not legal advice."}