Michigan § 450.4801 - Dissolution and winding up; conditions.
Full text of Michigan Michigan Compiled Laws § 450.4801 — Dissolution and winding up; conditions., with citation guidance and answers to common questions.
§ 450.4801. Dissolution and winding up; conditions.
A limited liability company is dissolved and its affairs shall be wound up when the first of the following occurs:
(a) Automatically, if a time specified in the articles of organization is reached.
(b) If a vote of the members or other event specified in the articles of organization or in an operating agreement takes place.
(c) The members entitled to vote unanimously vote for dissolution.
(d) Automatically, if a decree of judicial dissolution is entered.
(e) A majority of the organizers of the limited liability company vote for dissolution, if the limited liability company has not commenced business; has not issued any membership interests; has no debts or other liabilities; and has not received any payments, or has returned any payments it has received after deducting any amount disbursed for payment of expenses, for subscriptions for its membership interests.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.4801
What does Michigan Compiled Laws § 450.4801 cover?
Section 450.4801 ("Dissolution and winding up; conditions.") 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 § 450.4801?
A common citation format is "Michigan Compiled Laws § 450.4801" (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 § 450.4801 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.