HB4623

Michigan HB4623 makes the Uniform Partnership Act gender-neutral by updating references to "husband and wife" to "spouses.

Michigan HB4623 amends the Uniform Partnership Act to make certain references gender-neutral. The bill updates the definition of a partnership to replace references to "husband and wife" with "spouses." This change ensures that the law applies equally to all types of partnerships, regardless of the gender of the partners. The amendment applies to partnerships formed after January 10, 1942, and does not affect existing partnerships. The bill also specifies that it will only take effect if a related constitutional amendment is approved by the voters.