(1) A member may withdraw from a limited liability company only as provided in an operating agreement. A member withdrawing pursuant to an operating agreement may become entitled to a withdrawal distribution as described in section 305.
The term, dissolution of marriage, is simply the legal term for divorce and ending of a marriage. The court will decide that your marriage has ended and with that all of the legal benefits will end too. Remember that Michigan is a no-fault state and that also applies to divorce.
Michigan foreign corporations are corporations formed in another state or jurisdiction that want to transact business in Michigan. Registering a foreign corporation requires submitting paperwork to the Department of Licensing and Regulatory Affairs (LARA).
A corporation that has conducted business needs Form 531 Certificate of Dissolution, while those that have not commenced business yet can use Form 530 Certificate of Dissolution. Fill out the form that applies to your corporation and file it with the Department Licensing and Regulatory Affairs by mail or in person.
All Michigan nonprofit organizations must obtain a letter from the Attorney General in order to file a Certificate of Dissolution with the Department of Licensing and Regulatory Affairs (LARA), Corporations Division.
This typically involves providing written notice within the specified timeframe and adhering to any other requirements stated in the agreement. Remember, getting out of a music management contract can be a complex process, and it's important to approach it carefully before terminating.