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Mich. Comp. Laws § 449.154

Settlements with creditors; contribution between partners.

Michigan · Michigan Compiled Laws — Act 181 of 1859 (Act 181 of 1859) · Status: effective

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Mich. Comp. Laws § 449.154, Settlements with creditors; contribution between partners, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363323
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Such settlement or compromise of 1 or more members of such firm or copartnership with a creditor of such firm or copartnership shall in no wise affect the right of the other partners to demand and recover from their copartners making such settlement or compromise their ratable portions of such firm or copartnership debt in the same manner and to the same extent as if this act had not been passed.