{"data":{"id":"us-mi/mich.-comp.-laws-450.4504","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.4504","heading":"Membership interest as personal property.","body":"Sec. 504.\n\nA 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.\n\nA member has no interest in specific limited liability company property.","path":["MI Code","Chapter 450","Act Act-23-of-1993"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-4504","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"b79765bf4c2929b928c9148bb8d6766fe507ee475333cb509b4685dcd8cf4fc5","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.4503","next":"us-mi/mich.-comp.-laws-450.4505"},"notice":"GroundRules: Original legal text. Not legal advice."}