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Code · Michigan · Chapter 450 — Corporations

450.4201 Limited liability company; purpose.

81 words·~1 min read·/mi/chapter-450/450-4201

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450.4201 Limited liability company; purpose.
Sec. 201.
A limited liability company may be formed under this act for any lawful purpose for which a domestic corporation or a domestic partnership could be formed, except as otherwise provided by law. A limited liability company formed to provide services in a learned profession, or more than 1 learned profession, shall comply with article 9.
History: 1993, Act 23, Eff. June 1, 1993 ;-- Am. 1997, Act 52 , Imd. Eff. July 1, 1997
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