Section 449.2105 – Effect of Act on Existing Limited Partnerships.
449.2105 Effect of act on existing limited partnerships. Sec. 1105. (a) A limited partnership formed under any other statute of this state and in existence on the effective date of this act shall not dissolve and its legal existence shall not cease as a result of the repeal of the statute under which it was […]
Section 449.2106 – Case Not Provided for in Act Governed by MCL 449.1 to 449.43.
449.2106 Case not provided for in act governed by MCL 449.1 to 449.43. Sec. 1106. In any case not provided for in this act the provisions of the uniform partnership act, Act No. 72 of the Public Acts of 1917, as amended, being sections 449.1 to 449.43 of the Michigan Compiled Laws, govern. History: 1982, […]
Section 449.2107 – Fee Schedule; Payment; Other Charges; Deposit and Use of Fees.
449.2107 Fee schedule; payment; other charges; deposit and use of fees. Sec. 1107. (a) The fees to be paid to the administrator with respect to a limited partnership, for the purposes specified in this section, shall be as follows: (1) Examining, filing, and copying a certificate of limited partnership, $10.00. However, a fee shall not […]
Section 449.2108 – Effective Date.
449.2108 Effective date. Sec. 1108. This act shall take effect January 1, 1983. History: 1982, Act 213, Eff. Jan. 1, 1983
Section 449.2104 – Effective Date; Repeal of MCL 449.201 to 449.231.
449.2104 Effective date; repeal of MCL 449.201 to 449.231. Sec. 1104. The effective date of this act is January 1, 1983 and, except as otherwise provided in section 1105, Act No. 110 of the Public Acts of 1931, as amended, being sections 449.201 to 449.231 of the Compiled Laws of 1970, is repealed. History: 1982, […]
Section 449.1909 – Activities Not Considered to Be Transacting Business in State.
449.1909 Activities not considered to be transacting business in state. Sec. 909. (a) Without excluding other activities which may not constitute transacting business in this state, a foreign limited partnership is not considered to be transacting business in this state, for the purposes of this act, solely because it is carrying on in this state […]
Section 449.1910 – Making or Participating in Certain Loans Without Registering in State.
449.1910 Making or participating in certain loans without registering in state. Sec. 910. A foreign limited partnership may acquire or, through another person entitled to transact business in this state, may make loans, or participations or interests therein, insured or guaranteed in whole or in part by the federal housing administration or the veterans’ administration […]
Section 449.2001 – Limited Partner; Right to Bring Action to Recover Judgment.
449.2001 Limited partner; right to bring action to recover judgment. Sec. 1001. A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general […]
Section 449.2002 – Status of Plaintiff in Derivative Action.
449.2002 Status of plaintiff in derivative action. Sec. 1002. In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) at the time of the transaction of which the plaintiff complains or (2) his or her status as a partner had devolved upon him or her by […]
Section 449.2003 – Complaint in Derivative Action; Contents.
449.2003 Complaint in derivative action; contents. Sec. 1003. In a derivative action, the complaint shall set forth with particularity the effort of the plaintiff to secure initiation of the action by a general partner or the reasons for not making the effort. History: 1982, Act 213, Eff. Jan. 1, 1983