Michigan § 449.6 - Partnership; definition; effect of act as to prior and limited partnerships.
Full text of Michigan Michigan Compiled Laws § 449.6 — Partnership; definition; effect of act as to prior and limited partnerships., with citation guidance and answers to common questions.
§ 449.6. Partnership; definition; effect of act as to prior and limited partnerships.
(Partnership defined).
A partnership is an association of 2 or more persons, which may consist of husband and wife, to carry on as co-owners a business for profit; any partnership heretofore established consisting of husband and wife only, formed since January 10, 1942 shall constitute a valid partnership.
But any association formed under any other statute of this state, or any statute adopted by authority, other than the authority of this state, is not a partnership under this act, unless such association would have been a partnership in this state prior to the adoption of this act; but this act shall apply to limited partnerships except in so far as the statutes relating to such partnerships are inconsistent herewith.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 449.6
What does Michigan Compiled Laws § 449.6 cover?
Section 449.6 ("Partnership; definition; effect of act as to prior and limited partnerships.") 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 § 449.6?
A common citation format is "Michigan Compiled Laws § 449.6" (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 § 449.6 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.