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Act No. 110 of the Public Acts of 1931, as amended, being sections 449.201 to 449.231 of the Compiled Laws of 1970, is repealed.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 449.2105 – 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 449.2003 – 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
Section 449.2004 – Discontinuance, Compromise, or Settlement of Derivative Action; Court Approval; Notice; Costs.
449.2004 Discontinuance, compromise, or settlement of derivative action; court approval; notice; costs. Sec. 1004. An action authorized by section 1001 shall not be discontinued, compromised, or settled without approval by the court having jurisdiction of the action. If the court determines that the interest of the limited partners or of any class thereof will be […]
Section 449.2005 – Awarding Expenses to Plaintiff in Successful Derivative Action; Remittance to Limited Partnership of Remainder of Proceeds; Exception; Action Brought Without Reasonable Cause; Payment of Defendants’ Expenses by Plaintiff.
449.2005 Awarding expenses to plaintiff in successful derivative action; remittance to limited partnership of remainder of proceeds; exception; action brought without reasonable cause; payment of defendants’ expenses by plaintiff. Sec. 1005. (a) If a derivative action is successful, in whole or in part, or if anything is received by the plaintiff as a result of […]
Section 449.2101 – Application and Construction of Act.
449.2101 Application and construction of act. Sec. 1101. This act shall be so applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it. History: 1982, Act 213, Eff. Jan. 1, 1983
Section 449.2102 – Short Title.
449.2102 Short title. Sec. 1102. This act shall be known and may be cited as the “Michigan revised uniform limited partnership act”. History: 1982, Act 213, Eff. Jan. 1, 1983