§ 449.151 Copartnerships; settlements with creditors; discharge of partner not party
§ 449.152 Settlements with creditors; written discharge by creditors, bar to recovery
§ 449.153 Settlements with creditors; rights against undischarged partners not impaired; right to set off and defense
§ 449.154 Settlements with creditors; contribution between partners
§ 449.155 Extension of act to joint debtors

Terms Used In Michigan Laws > Chapter 449 > Act 181 of 1859 - Partners and Joint Debtors; Settlements or Compromises With Creditors

  • Conviction: A judgement of guilt against a criminal defendant.
  • Court: means an entity authorized under the law of a state to establish, enforce, or modify a child-custody determination. See Michigan Laws 722.1102
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • felony: when used in this act, shall be construed to mean an offense for which the offender, on conviction may be punished by death, or by imprisonment in state prison. See Michigan Laws 750.7
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o