For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Incoming partner; liability.

MCL 449.17
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
449.17. Incoming partner; liability. Sec. 17. (Liability of incoming partner). A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property. 1917, Act 72, Eff. Aug. 10, 1917; CL 1929, 9857; CL 1948, 449.17
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-449-17Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements