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Michigan Compiled Laws Complete Through PA 117 of 2017
House: Adjourned until Tuesday, September 26, 2017 1:30:00 PM
Senate: Adjourned until Tuesday, September 26, 2017 10:00:00 AM

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23-1993-2
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MICHIGAN LIMITED LIABILITY COMPANY ACT (EXCERPT)
Act 23 of 1993
Article 2


DocumentTypeDescription
Section 450.4201SectionLimited liability company; purpose.
Section 450.4202SectionLimited liability company; formation; filing as evidence that all conditions performed; exception; duration.
Section 450.4203SectionArticles of organization; contents.
Section 450.4204SectionLimited liability company; low-profit limited liability company; name; requirements; rights.
Section 450.4204aSectionLimited liability company licensed as nursing home; use of terms.
Section 450.4205SectionReserving right to use of name; application; transfer of right.
Section 450.4206SectionTransacting business under assumed name; certificate; effective period; extension; notice of expiration; rights not created; same name assumed in partnership or joint venture; transfer of assumed name to survivor; use of name by surviving company; assumed name of converted company; certificate of conversion.
Section 450.4207SectionMaintaining registered office and resident agent; service of process, notice, or demand; appointment of agent; annual statement; service of process by mail.
Section 450.4207aSectionCertificate of good standing.
Section 450.4208SectionResident agent; resignation; notice; appointment of successor; termination of appointment.
Section 450.4209SectionChanging registered office or resident agent; statement; filing; contents; changing business or residence address of resident agent.
Section 450.4210SectionLimited liability company; powers.
Section 450.4211SectionValidity of action or transfer of property; asserting lack of capacity or power.
Section 450.4212SectionInterest rate; agreement.
Section 450.4213SectionRegistered office or principal place of business; documents required to be kept.
Section 450.4214SectionConflict between articles of organization and operating agreement.
Section 450.4215SectionOperating agreement unenforceable.
Section 450.4216SectionLimited liability company; powers.
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