23-1993-3 - ARTICLE 3 (450.4301...450.4308)
- Section 450.4301 - Members; contribution.
- Section 450.4302 - Promise by member to contribute; enforcement; obligation to perform; rights of company; compromising obligation; enforcement by creditor of original member's obligation.
- Section 450.4303 - Distribution of assets; allocation; manner; basis.
- Section 450.4304 - Distributions; conditions for receiving.
- Section 450.4305 - Distributions to withdrawing member.
- Section 450.4306 - Distributions; demand, acceptance, and receipt of distribution; form.
- Section 450.4307 - Distributions prohibited under certain situations; exceptions; effect of distribution under subsection (1); remedies available; future payments to withdrawing members; effect of sub
- Section 450.4308 - Distributions; violating operating agreement or MCL 450.4307; personal liability of members or managers; presumption of assent; knowledge of violation; contribution; commencement of