Section 449.26 - Partner; interest in partnership as personal property.
UNIFORM PARTNERSHIP ACT (EXCERPT)
Act 72 of 1917
449.26 Partner; interest in partnership as personal property.
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.
History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9866 ;-- CL 1948, 449.26