There is a newer version of the Michigan Compiled Laws
2011 Michigan Compiled Laws
Chapter 450 — CORPORATIONS
Act 23 of 1993 — MICHIGAN LIMITED LIABILITY COMPANY ACT (450.4101 - 450.5200)
23-1993-2 — ARTICLE 2 (450.4201...450.4216)
Section 450.4215 — Operating agreement unenforceable.
MI Comp L § 450.4215 (1996 through Reg Sess) What's This?
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
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