Section 450.4215 Operating Agreement Unenforceable.

MI Comp L § 450.4215 (2019) (N/A)
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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