Michigan § 449.308 - Partnership associations; dissolution, conditions.
Full text of Michigan Michigan Compiled Laws § 449.308 — Partnership associations; dissolution, conditions., with citation guidance and answers to common questions.
§ 449.308. Partnership associations; dissolution, conditions.
Such association may be dissolved:
First, Whenever the period fixed for the duration of the association expires.
Second, Whenever, by vote of a majority in number and value of interest it shall be so determined, and notice of such winding up shall be given by publication in 2 newspapers published in the proper city or county, at least 4 consecutive weeks; and immediately upon the commencement of said advertising, said association shall cease to carry on its business, except so far as may be required for the beneficial winding up thereof.
Frequently Asked Questions About Michigan § 449.308
What does Michigan Compiled Laws § 449.308 cover?
Section 449.308 ("Partnership associations; dissolution, conditions.") 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 § 449.308?
A common citation format is "Michigan Compiled Laws § 449.308" (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 § 449.308 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.