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 sworn statement is a legal document used to record facts and statements made under oath. In Grand Rapids, Michigan, a sworn statement is required for both corporations and limited liability companies (LCS) for various purposes such as business transactions, lawsuits, or legal disputes. When it comes to corporations, the Grand Rapids Michigan Sworn Statement — Corporation is a document that verifies the accuracy and truthfulness of the information provided by the corporation. It is typically used in court proceedings, contracts, or when dealing with government agencies. This sworn statement ensures that the corporation is operating in compliance with state laws and regulations. For LCS, the Grand Rapids Michigan Sworn Statement — LLC serves a similar purpose. It guarantees that the LLC is functioning within the framework of the law, disclosing accurate and complete information about the business. This statement is instrumental in legal proceedings, financial transactions, or when interacting with government entities. The Grand Rapids Michigan Sworn Statement — Corporation or LLC requires the individual authorized to act on behalf of the corporation or LLC to affirm the truthfulness of the information provided. The individual must state their name, title, and provide their signature under penalty of perjury. The statement may include details regarding the business's financial records, assets, liabilities, ownership structure, or any other relevant information as required by the specific situation. In terms of different types of sworn statements, the Grand Rapids Michigan Sworn Statement — Corporation or LLC can have variations depending on its purpose. For instance, there may be different forms for: 1. Financial sworn statements: Used when providing financial information such as annual reports, tax returns, or financial statements. 2. Ownership sworn statements: This type of statement validates the ownership structure of the corporation or LLC and may include details about shareholders, members, or partners. 3. Compliance sworn statements: Specifically tailored to ensure compliance with specific laws or regulations, such as those related to environmental protection or labor practices. 4. Litigation sworn statements: These statements are used when a corporation or LLC is involved in a legal dispute, providing relevant facts, evidence, or accounts of events related to the case. It is important to note that the specific requirements and terminology of the sworn statements may vary, and it is crucial to consult legal professionals or reference the Grand Rapids laws and regulations for the most accurate and up-to-date information.A sworn statement is a legal document used to record facts and statements made under oath. In Grand Rapids, Michigan, a sworn statement is required for both corporations and limited liability companies (LCS) for various purposes such as business transactions, lawsuits, or legal disputes. When it comes to corporations, the Grand Rapids Michigan Sworn Statement — Corporation is a document that verifies the accuracy and truthfulness of the information provided by the corporation. It is typically used in court proceedings, contracts, or when dealing with government agencies. This sworn statement ensures that the corporation is operating in compliance with state laws and regulations. For LCS, the Grand Rapids Michigan Sworn Statement — LLC serves a similar purpose. It guarantees that the LLC is functioning within the framework of the law, disclosing accurate and complete information about the business. This statement is instrumental in legal proceedings, financial transactions, or when interacting with government entities. The Grand Rapids Michigan Sworn Statement — Corporation or LLC requires the individual authorized to act on behalf of the corporation or LLC to affirm the truthfulness of the information provided. The individual must state their name, title, and provide their signature under penalty of perjury. The statement may include details regarding the business's financial records, assets, liabilities, ownership structure, or any other relevant information as required by the specific situation. In terms of different types of sworn statements, the Grand Rapids Michigan Sworn Statement — Corporation or LLC can have variations depending on its purpose. For instance, there may be different forms for: 1. Financial sworn statements: Used when providing financial information such as annual reports, tax returns, or financial statements. 2. Ownership sworn statements: This type of statement validates the ownership structure of the corporation or LLC and may include details about shareholders, members, or partners. 3. Compliance sworn statements: Specifically tailored to ensure compliance with specific laws or regulations, such as those related to environmental protection or labor practices. 4. Litigation sworn statements: These statements are used when a corporation or LLC is involved in a legal dispute, providing relevant facts, evidence, or accounts of events related to the case. It is important to note that the specific requirements and terminology of the sworn statements may vary, and it is crucial to consult legal professionals or reference the Grand Rapids laws and regulations for the most accurate and up-to-date information.
