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Michigan Compiled Laws Complete Through PA 563 of 2016

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Section 450.4215

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


450.4215 Operating agreement unenforceable.

Sec. 215.

An operating agreement of a limited liability company that has 1 member is not unenforceable because only 1 person is a party to the operating agreement.


History: Add. 2002, Act 686, Imd. Eff. Dec. 30, 2002


© 2015 Legislative Council, State of Michigan

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