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MICHIGAN LEGAL INFORMATION
LLC Links -- Forms and Statutes
Selected Michigan Statutes
- 450.4201 Limited liability company; purpose.
Sec. 201.
A limited liability company may be formed under this act for any lawful purpose for which a domestic corporation or a domestic partnership could be formed, except as otherwise provided by law. A limited liability company formed to provide services in a learned profession, or more than 1 learned profession, shall comply with article 9.
- 450.4204 Limited liability company; name; requirements; rights.
Sec. 204.
(1) The name of a domestic limited liability company shall contain the words “limited liability company” or the abbreviation "L.L.C." or "L.C.", with or without periods or other punctuation.
(2) The name of a domestic or foreign limited liability company formed under or subject to this act shall conform to all of the following:
(a) Shall not contain a word or phrase, or abbreviation or derivative of a word or phrase, that indicates or implies that the company is formed for a purpose other than the purpose or purposes permitted by its articles of organization.
(b) Shall not contain the word "corporation" or "incorporated" or the abbreviation "corp." or "inc.".
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- 450.4903 Professional limited liability company; purpose stated in articles of organization; name.
Sec. 903.
(1) One or more licensed persons may organize and become members of a professional limited liability company.
(2) The articles of organization of a professional limited liability company shall state, as its purposes, that the company is formed to render specified professional services.
(3) The name of the limited liability company shall contain the words "professional limited liability company" or the abbreviation "P.L.L.C." or "P.L.C. with or without periods or other punctuation.
Library of Informational Legal Articles
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