449.26 Partner; interest in partnership as personal property.
Sec. 26.
(Nature of partner’s interest in the partnership).
A partner’s interest in the partnership is his share of the profits and surplus, and the same is personal property.
History: 1917, Act 72, Eff. Aug. 10, 1917 ;– CL 1929, 9866 ;– CL 1948, 449.26