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MICHIGAN STATUTES AND CODES

Section 450.4215 - Operating agreement unenforceable.

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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