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How to Transfer LLC Ownership in Michigan Consult your Michigan LLC operating agreement. ... Vote to transfer membership interest. ... Amend your operating agreement. ... Change your IRS responsible party.
To transfer your interest in a Michigan LLC to another person or entity, you must file an amendment with the Michigan Department of Licensing and Regulatory Affairs. The amendment must include the names and addresses of the new owners and managers and the date of the change in ownership.
In addition to the requirement that a name must be distinguishable on the record, a name of any limited partnership, limited liability company or corporation must not contain a word or phrase indicating it is organized for any purpose other than is permitted in its Certificate of Limited Partnership, Articles of ...
Step 1: Follow the Michigan LLC Naming Guidelines Check that your selected name conforms with the Michigan LLC naming criteria: Your name must include the term ?limited liability company? or one of the abbreviations ?LLC? or ?L.L.C.?
Filing your Articles of Organization by Mail Download the Michigan LLC Articles of Organization (Form CD-700) Prepare a check or money order for $50. ... Send your payment and the completed Articles of Organization to: Michigan Corporations Division, PO Box 30054, Lansing, MI 48909-7554.