Michigan Compiled Laws 23-1993-2 Article 2 (450.4201...450.4216)

• Section 450.4201 Limited Liability Company; Purpose.
  A limited liability company may be formed under this act for any lawful purpose for which a domestic corporation or a domestic partnership could...
• Section 450.4202 Limited Liability Company; Formation; Filing As Evidence That All Conditions Performed; Exception; Duration.
  (1) One or more persons, who may or may not become members, may be the organizers of a limited liability company by filing executed...
• Section 450.4203 Articles Of Organization; Contents.
  (1) The articles of organization shall contain all of the following: (a) The name of the limited liability company. (b) The purposes for which...
• Section 450.4204 Limited Liability Company; Low-profit Limited Liability Company; Name; Requirements; Rights.
  (1) Except as provided in subsection (2), the name of a domestic limited liability company shall contain the words "limited liability company", or the...
• Section 450.4204a Limited Liability Company Licensed As Nursing Home; Use Of Terms.
  A limited liability company formed or existing under or subject to this act that is licensed or is to be licensed as a nursing...
• Section 450.4205 Reserving Right To Use Of Name; Application; Transfer Of Right.
  (1) A person may reserve the right to use of a limited liability company name by executing and filing with the administrator an application...
• Section 450.4206 Transacting 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.
  (1) A domestic or foreign limited liability company may transact business under an assumed name or names other than its name as set forth...
• Section 450.4207 Maintaining Registered Office And Resident Agent; Service Of Process, Notice, Or Demand; Appointment Of Agent; Annual Statement; Service Of Process By Mail.
  (1) Each domestic limited liability company and foreign limited liability company authorized to transact business in this state shall have and continuously maintain in...
• Section 450.4207a Certificate Of Good Standing.
  (1) Except as provided in this section, and section 909 for a professional limited liability company, from the effective date of the articles of...
• Section 450.4208 Resident Agent; Resignation; Notice; Appointment Of Successor; Termination Of Appointment.
  (1) A resident agent of a limited liability company may resign as agent upon filing a written notice of resignation with the administrator and...
• Section 450.4209 Changing Registered Office Or Resident Agent; Statement; Filing; Contents; Changing Business Or Residence Address Of Resident Agent.
  (1) A domestic limited liability company or foreign limited liability company authorized to transact business in this state may change its registered office or...
• Section 450.4210 Limited Liability Company; Powers.
  Subject to the limitations provided in this act, any other statute of this state, or its articles of organization, a limited liability company has...
• Section 450.4211 Validity Of Action Or Transfer Of Property; Asserting Lack Of Capacity Or Power.
  An act of a limited liability company and a transfer of real or personal property to or by a limited liability company, otherwise lawful,...
• Section 450.4212 Interest Rate; Agreement.
  A domestic or foreign limited liability company, whether or not formed at the request of a lender, may agree in writing to pay any...
• Section 450.4213 Registered Office Or Principal Place Of Business; Documents Required To Be Kept.
  A limited liability company shall keep at its registered office or principal place of business in this state all of the following: (a) A...
• Section 450.4214 Conflict Between Articles Of Organization And Operating Agreement.
  If there is a conflict between the articles of organization and an operating agreement of a limited liability company, the articles of organization shall...
• Section 450.4215 Operating Agreement Unenforceable.
  An operating agreement of a limited liability company that has 1 member is not unenforceable because only 1 person is a party to the...
• Section 450.4216 Limited Liability Company; Powers.
  Except as otherwise provided in an operating agreement, a limited liability company may do any of the following: (a) Indemnify, hold harmless, and defend...

Last modified: October 10, 2016