Michigan § 450.4211 - Validity of action or transfer of property; asserting lack of capacity or power.
Full text of Michigan Michigan Compiled Laws § 450.4211 — Validity of action or transfer of property; asserting lack of capacity or power., with citation guidance and answers to common questions.
§ 450.4211. Validity of action or transfer of property; asserting lack of capacity or power.
An act of a limited liability company and a transfer of real or personal property to or by a limited liability company, otherwise lawful, is not invalid because the company was without capacity or power to do the act or make or receive the transfer, except that the lack of capacity or power may be asserted in any of the following:
(a) In an action by a member against the company to enjoin the doing of an act or the transfer of real or personal property by or to the company.
(b) In an action by or in the right of the company to procure a judgment in its favor against an incumbent or former member or manager of the company for loss or damage due to an unauthorized act of that member or manager.
(c) In an action or special proceeding by the attorney general to dissolve the company or to enjoin it from the transaction of unauthorized business.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.4211
What does Michigan Compiled Laws § 450.4211 cover?
Section 450.4211 ("Validity of action or transfer of property; asserting lack of capacity or power.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 450.4211?
A common citation format is "Michigan Compiled Laws § 450.4211" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 450.4211 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.