Michigan LLC Operating Agreement Template

Michigan rules built into this template

• Governing statute: Michigan Limited Liability Company Act (Mich. Comp. Laws § 450.4101 et seq.).
• State filings: The LLC must file an annual statement with the Michigan Department of Licensing and Regulatory Affairs by February 15 each year.

What the LLC Operating Agreement includes

1. Formation and Name
2. Purpose
3. Principal Office and Registered Agent
4. Members
5. Capital Contributions
6. Profits, Losses, and Capital Accounts
7. Tax Classification
8. Distributions
9. Management
10. Voting and Major Decisions
11. Limited Liability and Indemnification
12. Duties and Conflicts of Interest
13. Books, Records, and Banking
14. Transfer Restrictions
15. Death, Incapacity, or Withdrawal of a Member
16. Dissolution and Winding Up
17. State Filings and Compliance
18. General Provisions
19. Governing Law

Frequently asked questions

Does Michigan require an LLC operating agreement?

Michigan does not require an LLC to file an operating agreement with the state, but having a signed written agreement is strongly recommended. It sets ownership, voting, and transfer rules and helps show that the LLC is separate from its owners.

What annual filings does a Michigan LLC have?

The LLC must file an annual statement with the Michigan Department of Licensing and Regulatory Affairs by February 15 each year.

What is the difference between the Standard and Professional LLC Operating Agreement?

The Standard edition is a complete, state-aware LLC Operating Agreement for common situations. The Professional edition adds longer clause coverage, schedules, and optional modules for more complex matters. You can preview either edition free before you pay.

LLC Operating Agreement templates for other states

• California
• Texas
• Florida
• New York
• Pennsylvania
• Illinois
• Ohio
• Georgia
• North Carolina
• All states and countries