SENATE BILL NO. 982

August 15, 2024, Introduced by Senators SINGH and LAUWERS and referred to the Committee on Regulatory Affairs.

A bill to amend 1883 PA 129, entitled

"An act for the organization of telephone and messenger service companies,"

(MCL 484.1 to 484.10) by adding section 7.

the people of the state of michigan enact:

Sec. 7. (1) A telephone corporation formed under this act may convert into a domestic limited liability company if the telephone corporation satisfies the requirements applicable to the conversion of a business organization into a domestic limited liability company under section 709 of the Michigan limited liability company act, 1993 PA 23, MCL 450.4709.

(2) As used in this section, "business organization" means that term as defined in section 705a of the Michigan limited liability company act, 1993 PA 23, MCL 450.4705a.

Enacting section 1. This amendatory act does not take effect unless all of the following bills of the 102nd Legislature are enacted into law:

(a)    Senate Bill No. 983.

 

(b)    Senate Bill No. 984.