This form is used when the signing party hereby certifies that the referenced Operating Agreement has expired and that the Memorandum of Operating Agreement and Financing Statement is fully released and discharged and the parties to the Operating Agreement no longer claim any security interest under the above mentioned Financing Statement.
Michigan Release of Memorandum of Operating Agreement and Termination of Financing Statement is a legal document that serves as a formal declaration to terminate an existing operating agreement and financing statement in the state of Michigan. The release can be initiated by the parties involved, typically the members or co-owners of a limited liability company (LLC), to dissolve or terminate the existing memorandum of operating agreement and financing statement on record. This document effectively cancels the prior agreement and releases all parties from any remaining obligations or liabilities associated with the previous agreement. The Michigan Release of Memorandum of Operating Agreement and Termination of Financing Statement acknowledges the termination of the operating agreement and financing statement, ensuring that all relevant parties are aware that any further claims or interests associated with the previous agreement are null and void. It is worth noting that there are no specific types of Michigan Release of Memorandum of Operating Agreement and Termination of Financing Statement. The document itself primarily serves as a standardized release and termination form applicable to any type of operating agreement and associated financing statement in the state of Michigan. Keywords: Michigan, Release, Memorandum of Operating Agreement, Termination, Financing Statement, legal document, dissolve, terminate, limited liability company, LLC, obligations, liabilities, claims, interests, null and void.
