Sec. 107.
A limited partnership may carry on any business that a partnership without limited partners may carry on except as otherwise provided by law.
History: 1982, Act 213, Eff. Jan. 1, 1983
Structure Michigan Compiled Laws
Act 213 of 1982 - Michigan Revised Uniform Limited Partnership Act (449.1101 - 449.2108)
Article 1 - (449.1101...449.1109)
Section 449.1101 - Definitions.
Section 449.1102 - Name of Limited Partnership; Requirements and Restrictions.
Section 449.1104 - Transacting Business Under Assumed Name; Certificate.
Section 449.1107 - Business Which May Be Carried On.
Section 449.1109 - Agreement to Pay Interest in Excess of Legal Rate; Defense of Usury Prohibited.