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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 450.4504: Membership interest as personal property.

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Where this section sits in the code
  1. MI Code
  2. Chapter 450
  3. Act Act-23-of-1993

Sec. 504.

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.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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