Every limited liability company is required to file an Annual Statement each year. The bureau sends a pre-printed form to the registered office of each company.The Main Street Solution Center is a free access portal to resources for communities and organizations working to revitalize and strengthen. Who is qualified to be a director or officer of a condominium association or homeowners association? The Michigan Condominium Act does not require that an association have an annual meeting; however, most bylaws contain language that there must be one held. One fact is sure: a nonprofit's bylaws are considered a legal document that dictates how the organization must be governed. Key among these is the Michigan Condominium Act.