Michigan Compiled Laws

Mich. Comp. Laws § 449.3 (2026)

Uniform partnership act; interpretation of knowledge and notice.

✓ current as of July 2026

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UNIFORM PARTNERSHIP ACT

Act 72 of 1917

449.3 Uniform partnership act; interpretation of knowledge and notice.

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.

History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9843 ;-- CL 1948, 449.3

Notes of Decisions

Cited in 1 case, 1981–1981 · leading case: City Nat'l Bank of Detroit v. Westland Towers Apts., 309 N.W.2d 209 (Mich. Ct. App. 1981).

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City Nat'l Bank of Detroit v. Westland Towers Apts., 309 N.W.2d 209 (Mich. Ct. App. 1981). · cites it 4× “MCL 449.3; MSA 20.3 provides: "(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…”

— Mich. Comp. Laws § 449.3(2) — 1 case

City Nat'l Bank of Detroit v. Westland Towers Apts., 309 N.W.2d 209 (Mich. Ct. App. 1981). “MCL 449.3; MSA 20.3 provides: "(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…”

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