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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 1006. (1) A foreign limited liability company authorized to transact business in this state may withdraw from this state upon receiving from the administrator a certificate of withdrawal. In order to obtain the certificate, the foreign limited liability company shall file an application for withdrawal setting forth all of the following:
(a) The name of the foreign limited liability company and the jurisdiction under the laws of which it is organized.
(b) That the foreign limited liability company is not transacting business in this state.
(c) That the foreign limited liability company surrenders its authority to transact business in this state.
(d) That the foreign limited liability company revokes the authority of its resident agent to receive service of process in this state and consents that service of process in any action, suit, or proceeding based upon any cause of action arising in this state during the time the foreign limited liability company was authorized to transact business in this state may thereafter be made on the company by service upon the administrator.
(e) An address to which the administrator is to mail a copy of any process against the foreign limited liability company.
(f) Other additional information as is necessary or appropriate in order to enable the administrator to determine and assess any unpaid fees payable by the foreign limited liability company.
(2) The application for withdrawal shall be in the form and manner designated by the administrator and shall be executed for the foreign limited liability company as provided in section 103, 1 or, if the foreign limited liability company is in the hands of a receiver or trustee, by the receiver or trustee on behalf of the company.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 450. Corporations § 450.5006 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-450-corporations/mi-comp-laws-450-5006/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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