A corporate or LLC contractor is required by Michigan statutes to provide a Sworn Statement to the owner or lessee when payment is due to the contractor from the owner or lessee or when the contractor requests payment from the owner or lessee or when a demand for the Sworn Statement has been made by or on behalf of the owner or lessee. The statement lists each subcontractor and supplier who has provided labor or materials to improvements to the property in question and how much those parties are owed.
A Detroit Michigan Sworn Statement — Corporation or LLC is a legal document required to be filed by corporations and limited liability companies (LCS) in the city of Detroit, Michigan. This sworn statement serves as an affirmation of the accuracy and completeness of information provided by the entity regarding its status, ownership, and compliance with local laws and regulations. Keywords: Detroit, Michigan, sworn statement, corporation, LLC, legal document, filing, accuracy, completeness, entity status, ownership, compliance, local laws, regulations. Different types of Detroit Michigan Sworn Statement — Corporation or LLC may include: 1. Initial Sworn Statement: This is the first sworn statement filed by a newly formed corporation or LLC in Detroit, Michigan, providing essential information about the entity, such as its legal name, registered agent, principal address, business purpose, and names of initial directors or managers. 2. Annual Sworn Statement: Required on an annual basis, this sworn statement confirms the continued existence and operational status of the corporation or LLC. It includes updated information, changes in ownership, and verifies that the entity is compliant with all applicable laws and regulations. 3. Supplemental Sworn Statement: If there are any changes or updates to be made during the year, such as changes in registered agent, address, or ownership, a supplemental sworn statement may be filed to ensure accurate and up-to-date information is on record. 4. Dissolution Sworn Statement: This type of sworn statement is used when a corporation or LLC decides to cease its operations and dissolve its legal entity. It informs the authorities of the decision and also provides relevant details regarding the distribution of assets and payment of debts. These different types of Detroit Michigan Sworn Statement — Corporation or LLC serve as crucial legal tools to establish transparency, accountability, and compliance within the business community, ensuring that corporations and LCS are operating lawfully and upholding their responsibilities in the city of Detroit, Michigan.A Detroit Michigan Sworn Statement — Corporation or LLC is a legal document required to be filed by corporations and limited liability companies (LCS) in the city of Detroit, Michigan. This sworn statement serves as an affirmation of the accuracy and completeness of information provided by the entity regarding its status, ownership, and compliance with local laws and regulations. Keywords: Detroit, Michigan, sworn statement, corporation, LLC, legal document, filing, accuracy, completeness, entity status, ownership, compliance, local laws, regulations. Different types of Detroit Michigan Sworn Statement — Corporation or LLC may include: 1. Initial Sworn Statement: This is the first sworn statement filed by a newly formed corporation or LLC in Detroit, Michigan, providing essential information about the entity, such as its legal name, registered agent, principal address, business purpose, and names of initial directors or managers. 2. Annual Sworn Statement: Required on an annual basis, this sworn statement confirms the continued existence and operational status of the corporation or LLC. It includes updated information, changes in ownership, and verifies that the entity is compliant with all applicable laws and regulations. 3. Supplemental Sworn Statement: If there are any changes or updates to be made during the year, such as changes in registered agent, address, or ownership, a supplemental sworn statement may be filed to ensure accurate and up-to-date information is on record. 4. Dissolution Sworn Statement: This type of sworn statement is used when a corporation or LLC decides to cease its operations and dissolve its legal entity. It informs the authorities of the decision and also provides relevant details regarding the distribution of assets and payment of debts. These different types of Detroit Michigan Sworn Statement — Corporation or LLC serve as crucial legal tools to establish transparency, accountability, and compliance within the business community, ensuring that corporations and LCS are operating lawfully and upholding their responsibilities in the city of Detroit, Michigan.