Michigan Laws 449.1203 – Certificate of limited partnership; cancellation; contents of certificate of cancellation; effective date of cancellation
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(a) A certificate of limited partnership shall be canceled upon the dissolution and the commencement of winding up of the partnership or at any other time there are no limited partners. A certificate of cancellation shall be filed in the office of the administrator and shall set forth all of the following:
(1) The name of the limited partnership.
Terms Used In Michigan Laws 449.1203
- Administrator: means the chief officer of the Michigan department of commerce or his or her designated representative. See Michigan Laws 449.1101
- Certificate of limited partnership: means the certificate, and the certificate as amended or restated, referred to in section 201. See Michigan Laws 449.1101
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(2) The date of filing of its original certificate of limited partnership.
(3) The reason for filing the certificate of cancellation.
(4) Any other information the general partners filing the certificate determine.
(b) The certificate of limited partnership is canceled on the effective date of the certificate of cancellation as provided in section 206.