Michigan § 449.3 - Uniform partnership act; interpretation of knowledge and notice.

Full text of Michigan Michigan Compiled Laws § 449.3 — Uniform partnership act; interpretation of knowledge and notice., with citation guidance and answers to common questions.

§ 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.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 449.3

What does Michigan Compiled Laws § 449.3 cover?

Section 449.3 ("Uniform partnership act; interpretation of knowledge and notice.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 449.3?

A common citation format is "Michigan Compiled Laws § 449.3" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 449.3 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.