Sec. 210.
Subject to the limitations provided in this act, any other statute of this state, or its articles of organization, a limited liability company has all powers necessary or convenient to effect any purpose for which the company is formed, including all powers granted to corporations in the business corporation act, 1972 PA 284, MCL 450.1101 to 450.2098.
History: 1993, Act 23, Eff. June 1, 1993 ;-- Am. 2002, Act 686, Imd. Eff. Dec. 30, 2002
Structure Michigan Compiled Laws
Act 23 of 1993 - Michigan Limited Liability Company Act (450.4101 - 450.5200)
Article 2 - (450.4201...450.4216)
Section 450.4201 - Limited Liability Company; Purpose.
Section 450.4203 - Articles of Organization; Contents.
Section 450.4204a - Limited Liability Company Licensed as Nursing Home; Use of Terms.
Section 450.4205 - Reserving Right to Use of Name; Application; Transfer of Right.
Section 450.4207a - Certificate of Good Standing.
Section 450.4210 - Limited Liability Company; Powers.
Section 450.4211 - Validity of Action or Transfer of Property; Asserting Lack of Capacity or Power.
Section 450.4212 - Interest Rate; Agreement.
Section 450.4213 - Registered Office or Principal Place of Business; Documents Required to Be Kept.
Section 450.4214 - Conflict Between Articles of Organization and Operating Agreement.