{"data":{"id":"us-mi/mich.-comp.-laws-450.4509","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.4509","heading":"Withdrawal of member; distribution; expulsion.","body":"Sec. 509.\n\nA member may withdraw from a limited liability company only as provided in an operating agreement. A member withdrawing pursuant to an operating agreement may become entitled to a withdrawal distribution as described in section 305.\n\nAn operating agreement may provide for the expulsion of a member or for other events the occurrence of which will result in a person ceasing to be a member of the limited liability company.","path":["MI Code","Chapter 450","Act Act-23-of-1993"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-4509","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"89cb00eeda1a1fd75b5d5d2170f0bc43af423ca71fdaea175aa9af60b7e7a983","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.4508","next":"us-mi/mich.-comp.-laws-450.4510"},"notice":"GroundRules: Original legal text. Not legal advice."}