Sec. 3. (Interpretation of knowledge and notice). (1) A person has knowledge of a fact within the meaning of this act not only when he has actual knowledge thereof, but also when he has knowledge of such other facts as in the circumstances shows bad faith; (2) A person has notice of a fact within the meaning of this act when the person who claims the benefit of the notice: (a) States the fact to such person, or (b) Delivers through the mail, or by other means of communication, a written statement of the fact to such person or to a proper person at his place of business or residence.
Mich. Comp. Laws § 449.3
Uniform partnership act; interpretation of knowledge and notice
Applied in 1 court decision — leading case 107 Mich. App. 213 - City National Bank of Detroit v. Westland Towers Apts. (1981)
Most recently applied in 107 Mich. App. 213 - City National Bank of Detroit v. Westland Towers Apts. (June 1981)
1917, Act 72, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.