Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.
Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.
The second step of the three-step dissolution process requires the filing of a certificate of dissolution with the Michigan Department of Licensing and Regulatory Affairs (“LARA”). The certificate of dissolution is available online (Form CSCL/CD-531) and can be completed and processed online or mailed into LARA.
While states differ some in their requirements, you'll typically need to include the following pieces of information in your articles of organization. Name of Your LLC. LLC Principal Office Address. Name and Address of Your LLC's Registered Agent. Statement of Business Purpose. Names and Addresses of LLC Members.
While the state of Michigan does not offer or require an overall business license, unless you are operating in specific fields, there are several municipalities that do require licensing if a business plans to operate in their community.
Single-member LLCs: Form 1040 (Schedule C, E, or F) Multiple-member LLCs (Partnership): Form 1065. S Corporation: Form 1120-S. Corporation: Form 1120.
ARTICLE 2. 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.
Articles of organization form your Michigan LLC. Preparing and filing your articles of organization is the first step in starting your limited liability company (LLC). Approval of this document secures your business name and creates the legal entity of the LLC.
ARTICLE II The purpose or purposes for which the limited liability company is formed is to engage in any activity within the purposes for which a limited liability company may be formed under the Limited Liability Company Act of Michigan.
Article II- Under section 203(b) of the Act, it is sufficient to state substantially, alone or with specifically enumerated purposes, that the limited liability company is formed to engage in any activity within the purposes for which a limited liability company may be formed under the Act.
LLC for Married Couple FAQs A married couple can be considered as a single-member LLC if they live in a community property state. If the married couple doesn't live in one of those states, they can still both be involved in the LLC. However, their business structure won't be considered a single-member LLC.
Articles of Organization are documents that are used to form an LLC, whereas Articles of Incorporation are used to form a corporation. Although LLCs are often referred to as “incorporated” businesses, that is incorrect. An LLC is a “formed” or “organized” business entity.