Main Content 23-1993-4 friendly link Printer Friendly index and updates Search within this Statute for MICHIGAN LIMITED LIABILITY COMPANY ACT (EXCERPT)Act 23 of 1993 Article 4 DocumentTypeDescription Section 450.4401SectionManagement vested in members. Section 450.4402SectionManagers; delegation; qualifications; number; notice of delegation. Section 450.4403SectionManagers; selection; vote; removal; notice. Section 450.4404SectionManagers; duties; action for failure to perform duties. Section 450.4405SectionManagers; voting requirements. Section 450.4406SectionManager as agent. Section 450.4407SectionManagers; eliminating or limiting liability; exceptions. Section 450.4408SectionRepealed. 2010, Act 290, Imd. Eff. Dec. 16, 2010. Section 450.4409SectionManager or agent with interest in company; effect; majority vote by members with no interest in transaction; claims.