Michigan Compiled Laws

Mich. Comp. Laws § 449.24 (2026)

Partner; extent of property rights.

✓ current as of July 2026

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UNIFORM PARTNERSHIP ACT

Act 72 of 1917

449.24 Partner; extent of property rights.

Sec. 24.

(Extent of property rights of a partner). The property rights of a partner are (1) his rights in specific partnership property, (2) his interest in the partnership, and (3) his right to participate in the management.

History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9864 ;-- CL 1948, 449.24

Notes of Decisions

Cited in 3 cases, 1982–2019 · leading case: Sunseri v. Proctor, 461 F. Supp. 2d 551 (E.D. Mich. 2006).

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Sunseri v. Proctor, 461 F. Supp. 2d 551 (E.D. Mich. 2006). · cites it 2× “See Mich. Comp. Laws §§ 449.24 , 449.26-27. See also Fla.”

Backowski v. Solecki, 316 N.W.2d 434 (Mich. Ct. App. 1982). “” MCL 449.24; MSA 20.24. Section 25, which addresses the incidents of a partner’s rights in specific property, provides that a partner’s right in specific partnership property is not assignable.”

Kojaian Mgmt. Corp & Affiliates v. Dep't of Treasury (Mich. Ct. App. 2019). “MCL 449.24 specifies that the “property rights of a partner are (1) his rights in specific partnership property, (2) his interest in the partnership, and (3) his right to participate in the management.”

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