This Operating Agreement is used in the formation of any Limited Liability Company. You make changes to fit your needs and add description of your business. Approximately 10 pages. It allows for eventual adding of new Members to LLC.
Michigan Llc Operating Agreement With Multiple Owners
State:
Michigan
Control #:
MI-00LLC-1
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Michigan Limited Liability Company LLC Operating Agreement?
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FAQ
There is no state law in Michigan that requires LLCs to have an operating agreement.
Here are the steps to starting an LLC in Michigan: Choose an LLC name and make sure it's available. Choose who will be your Michigan Registered Agent. File the Michigan LLC Articles of Organization. Complete and sign an LLC Operating Agreement. Get a Tax ID Number (EIN) from the IRS. Research business license requirements.
Here are the steps to starting an LLC in Michigan: Choose an LLC name and make sure it's available. Choose who will be your Michigan Registered Agent. File the Michigan LLC Articles of Organization. Complete and sign an LLC Operating Agreement. Get a Tax ID Number (EIN) from the IRS. Research business license requirements.
A Michigan LLC Operating Agreement is a legal document outlining the rules governing your limited liability company. An operating agreement is an internal document, meaning you don't have to file it with the Michigan Department of Licensing and Regulatory Affairs (LARA).
Without the operating agreement, your state might not acknowledge you as an LLC, which means someone could sue you without there being any shield to protect your personal assets. You've already put in the time and effort to form your LLC to get liability protection.