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A Michigan single-member LLC operating agreement is for limited liability companies with just one owner. The single owner can use this document to record the primary internal operations of the business and establish its purpose.

Michigan requires LLCs to include both a resident agent and a registered office in their articles of organization. The agent accepts legal documents, demands or notices on behalf of the LLC and must have a physical address within Michigan to do so.

A Michigan LLC Operating Agreement is a legal document outlining the rules governing your limited liability company. An operating agreement is an internal document, meaning you don't have to file it with the Michigan Department of Licensing and Regulatory Affairs (LARA). In fact, it's entirely optional.

No, your Operating Agreement doesn't need to be notarized. Each Member just needs to sign it. Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a binding contract.

No, your Operating Agreement doesn't need to be notarized. Each Member just needs to sign it. Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a binding contract.

There is no state law in Michigan that requires LLCs to have an operating agreement.

Common pitfalls of a poorly drafted Operating Agreement include failing to: (i) specify what authority managers or members have; (ii) carve out key decisions that require a higher approval threshold (e.g., dissolution, sale of all or substantially all of the assets of the LLC, etc.); (iii) address how deadlocks in the ...

A Michigan single-member LLC operating agreement is for limited liability companies with just one owner. The single owner can use this document to record the primary internal operations of the business and establish its purpose.