Businesses: limited liability companies; power of limited liability companies to spend in elections or ballot issues; revoke. Amends secs. 105, 210, 211 & 1008 of 1993 PA 23 (MCL 450.4105 et seq.) & adds sec. 210a. TIE BAR WITH: HB 6217'26, HB 6218'26

This bill amends the Michigan limited liability company act to prohibit domestic and foreign limited liability companies from spending money to support or oppose political candidates, parties, committees, or ballot questions. If a company violates this, the act is invalid and can lead to dissolution for domestic companies or revocation of authority for foreign companies. The bill also outlines how the administrator can refuse or revoke a company's ability to operate and how companies can appeal these decisions.

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