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Michigan Compiled Laws Complete Through PA 58 of 2013
House: Adjourned until Wednesday, June 19, 2013 10:00:00 AM
Senate: Adjourned until Wednesday, June 19, 2013 10:00:00 AM

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Section 450.3147

NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982


450.3147 Dispute resolution body.

Sec. 1147.

A cooperative may authorize in its articles or bylaws the establishment of a neutral dispute resolution body. The dispute resolution body shall attempt to settle disputes between the cooperative and any of its members. It shall be composed of individuals who are approved by both parties to the dispute, which individuals may be members or nonmembers, but not officers or directors of the cooperative. The bylaws of a cooperative may provide that membership in the cooperative is conditioned upon participation in good faith in the dispute resolution process authorized by this section.


History: Add. 1984, Act 209, Eff. Nov. 1, 1985


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