Sec. 26. (Nature of partner's interest in the partnership). A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.
Mich. Comp. Laws § 449.26
Partner; interest in partnership as personal property
Applied in 4 court decisions — leading case Official Unsecured Creditors' Committee v. Northern Trust Co. (In Re Ellingsen MacLean Oil Co.) (1989)
Most recently applied in Official Unsecured Creditors' Committee v. Northern Trust Co. (In Re Ellingsen MacLean Oil Co.) (March 1989)
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.