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Sec. 1103. An interest in a limited liability company to which this act applies is a security to the same extent as an interest in a corporation, partnership, or limited partnership is a security. History: 1993, Act 23, Eff. June 1, 1993
Structure Michigan Compiled Laws
Michigan Compiled Laws
Chapter 450 - Corporations
Act 23 of 1993 - Michigan Limited Liability Company Act (450.4101 - 450.5200)
Article 11 - (450.5101...450.5200)
Section 450.5101 - Filing Fees; Deposit; Use; Charges for Certifying or Copying Files or Records; Dishonored Checks; Form of Payment; Waiver; Veteran.
Section 450.5102 - Effect of Actions by Legislature.
Section 450.5103 - Interest as Security.
Section 450.5200 - Effective Date.