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Michigan Multi-Member LLC Operating Agreement

A Michigan multi-member LLC operating agreement clarifies the ownership structure and standard operating procedures of a company owned by multiple members. The document contains such details as where the company is located, how its affairs will be managed, and how interest can be transferred, in addition to other information. Once signed, it can shield members’ personal property from exposure to potential lawsuits. Each signatory should retain a copy of the operating agreement.

Michigan Multi-Member LLC Operating Agreement