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Code · Michigan · Chapter 450 — Corporations

450.4215 Operating agreement unenforceable.

43 words·~1 min read·/mi/chapter-450/450-4215

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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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