Michigan Laws 450.4203 – Articles of organization; contents
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(1) The articles of organization shall contain all of the following:
(a) The name of the limited liability company.
Terms Used In Michigan Laws 450.4203
- Articles of organization: means the original documents filed to organize a limited liability company, as amended or restated by certificates of correction, amendment, or merger, by restated articles, or by other instruments filed or issued under any statute. See Michigan Laws 450.4102
- managers: means a person or persons designated to manage the limited liability company pursuant to a provision in the articles of organization stating that the business is to be managed by or under the authority of managers. See Michigan Laws 450.4102
- Operating agreement: means a written agreement by the member of a limited liability company that has 1 member, or between all of the members of a limited liability company that has more than 1 member, pertaining to the affairs of the limited liability company and the conduct of its business. See Michigan Laws 450.4102
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Statute: A law passed by a legislature.
(b) The purposes for which the limited liability company is formed. It is sufficient to state substantially, alone or with specifically enumerated purposes, that the limited liability company may engage in any activity for which limited liability companies may be formed under this act.
(c) The street address, and the mailing address if different from the street address, of the limited liability company’s initial registered office and the name of its initial resident agent at that address.
(d) If the business of the limited liability company is to be managed by managers, a statement that the business is to be managed by or under the authority of managers.
(e) The maximum duration of the limited liability company, if other than perpetual.
(2) The articles of organization may contain any provision not inconsistent with this act or another statute of this state, including any provision that is required or permitted to be in an operating agreement under this act.
(3) The articles of organization need not set out the powers of the limited liability company as described in section 210.