Sec. 15. (Nature of partner's liability). Except as otherwise provided by section 46, all partners are liable for both of the following: (a) Jointly and severally for everything chargeable to the partnership under sections 13 and 14. (b) Jointly for all other debts and obligations of the partnership. However, a partner may enter into a separate obligation to perform a partnership contract.
Mich. Comp. Laws § 449.15
Partners; joint and severable liability
Applied in 6 court decisions — leading case Old Orchard Investment Co. v. A.D.I. Distributors, Inc. (In Re Old Orchard Investment Co.) (1983)
Most recently applied in 828 F. Supp. 1262 - Sheldon Co. Profit Sharing Plan and Trust v. Smith (July 1993)
1917, Act 72, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.