Michigan § 450.4504 - Membership interest as personal property.
Full text of Michigan Michigan Compiled Laws § 450.4504 — Membership interest as personal property., with citation guidance and answers to common questions.
§ 450.4504. Membership interest as personal property.
A membership interest is personal property and may be held in any manner in which personal property may be held. A husband and wife may hold a membership interest in joint tenancy in the same manner and subject to the same restrictions, consequences, and conditions that apply to the ownership of real estate held jointly by a husband and wife under the laws of this state, with full right of ownership by survivorship in case of the death of either.
A member has no interest in specific limited liability company property.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.4504
What does Michigan Compiled Laws § 450.4504 cover?
Section 450.4504 ("Membership interest as personal property.") 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 § 450.4504?
A common citation format is "Michigan Compiled Laws § 450.4504" (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 § 450.4504 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.