Assembly Bill 1722 (Chapter 66) signed by the governor July 22 and effective January 1 amends the LLC act to substitute a “50 percent or more” standard in place of a “majority” of an LLC’s voting power to vote to
House Bill 4449 (Public Act No. 608) signed by the governor July 22 and effective July 1, 2016 amends the LLC act to require the name of a series of an LLC to begin with the entire name of the
Senate Bill 405 (Chapter 2016-246) signed June 10 and effective August 9 amends the LLC Act to clarify provisions regarding operating agreements and rights of members.
House Bill 1329 (Chapter 242) signed by the governor June 6 and effective August 10 amends the limited liability company act and other things deletes the requirement that a partner’s contribution to a LLC is a prerequisite to become a