{"data":{"id":"us-mi/mich.-comp.-laws-450.4216","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.4216","heading":"Limited liability company; powers.","body":"Sec. 216.\n\nExcept as otherwise provided in an operating agreement, a limited liability company may do any of the following:\n\n(a) Indemnify, hold harmless, and defend a member, manager, or other person from and against any and all losses, expenses, claims, and demands sustained by that person, except that the company may not indemnify a person for conduct described in section 407(a), (b), or (c).\n\n(b) Purchase and maintain insurance on behalf of a member, manager, or other person against any liability or expense asserted against or incurred by that person, whether or not the company may indemnify that person under subdivision (a).","path":["MI Code","Chapter 450","Act Act-23-of-1993"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-4216","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"b0405d28faef91c99c796693045510534375bfbab407e047628ab9a8485814e8","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.4215","next":"us-mi/mich.-comp.-laws-450.4301"},"notice":"GroundRules: Original legal text. Not legal advice."}