Section 450.4604 - Restated articles of organization. - Michigan Statutes

MICHIGAN LIMITED LIABILITY COMPANY ACT (EXCERPT)
Act 23 of 1993

450.4604 Restated articles of organization.

Sec. 604.

(1) A limited liability company may integrate into a single instrument the provisions of its articles of organization that are then in effect and operative by filing restated articles of organization executed as provided in section 103.

(2) A limited liability company may at the same time amend its articles of organization and include the amendment in the restated articles. An amendment effected in connection with the integration and restatement of the articles is subject to any other provision of this act that would apply if a certificate of amendment were to be filed to effect the amendment, including the requirement of member approval.

(3) Restated articles of organization shall be specifically designated as such in the heading and shall state, either in the heading or in an introductory paragraph, the present name of the limited liability company and, if the name has changed, all of its former names, and the date of filing of its original articles of organization. If the restated articles include a further amendment pursuant to subsection (2), the articles shall state that the amendment was approved by the members.

(4) When the restated articles of organization become effective in accordance with section 104, the limited liability company's original articles of organization are superseded and the restated articles are the articles of organization of the company.

History: 1993, Act 23, Eff. June 1, 1993