Sec. 34.
(Right of partner to contribution from copartners after dissolution). Except as otherwise provided by section 46, if dissolution is caused by the act, death, or bankruptcy of a partner, each partner is liable to his or her copartners for his or her share of any liability created by any partner acting for the partnership as if the partnership had not been dissolved unless this dissolution is caused by 1 of the following:
(a) The dissolution being by act of any partner and the partner acting for the partnership had knowledge of the dissolution.
(b) The dissolution being by the death or bankruptcy of a partner and the partner acting for the partnership had knowledge or notice of the death or bankruptcy.
History: 1917, Act 72, Eff. Aug. 10, 1917 ;-- CL 1929, 9874 ;-- CL 1948, 449.34 ;-- Am. 1994, Act 323, Imd. Eff. Oct. 12, 1994
Structure Michigan Compiled Laws
Act 72 of 1917 - Uniform Partnership Act (449.1 - 449.48)
72-1917-VI - Part VI Dissolution and Winding Up. (449.29...449.48)
Section 449.29 - Dissolution of Partnership; Definition.
Section 449.30 - Dissolution; Partnership Not Terminated.
Section 449.31 - Dissolution; Causes.
Section 449.32 - Dissolution; Decree of Court.
Section 449.33 - Dissolution; Effect as to Authority of Partner.
Section 449.34 - Dissolution; Liability of Partner.
Section 449.35 - Dissolution; Power of Partner to Bind Partnership.
Section 449.36 - Dissolution; Effect as to Partner's Existing Liability.
Section 449.37 - Dissolution; Rights of Partner to Wind Up Partnership Affairs.
Section 449.38 - Dissolution; Rights of Partner to Application of Partnership Property.
Section 449.40 - Dissolution; Rules for Distribution of Assets and Liabilities.
Section 449.41 - Dissolution; Liability of Persons Continuing Business.
Section 449.42 - Dissolution; Rights of Retiring or Deceased Partner When Business Continued.
Section 449.43 - Dissolution; Accrual of Rights.
Section 449.44 - Limited Liability Partnership; Registration Procedures.
Section 449.45 - Registered Limited Liability Partnership; Name.
Section 449.46 - Registered Limited Liability Partnership; Liability of Partner.
Section 449.47 - Foreign Limited Liability Partnership.
Section 449.48 - Registration or Renewal for Limited Liability Partnership; Filing.