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Michigan Compiled Laws Complete Through PA 131 of 2017
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Senate: Adjourned until Tuesday, November 28, 2017 10:00:00 AM

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284-1972-4
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BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
Chapter 4
SHAREHOLDERS

DocumentTypeDescription
Section 450.1401SectionMeetings of shareholders; place.
Section 450.1402SectionAnnual meeting of shareholders.
Section 450.1403SectionSpecial meeting of shareholders.
Section 450.1404SectionMeetings of shareholders; notice; adjournment; result of shareholder's attendance at meeting.
Section 450.1405SectionParticipating in meeting of shareholders by conference telephone or remote communications.
Section 450.1406SectionMeeting of shareholders; duties of chairperson.
Section 450.1406aSectionElectronic transmission as notice; consent.
Section 450.1407SectionCorporate action without meeting of shareholders.
Section 450.1411SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1412SectionFixing record dates for certain purposes.
Section 450.1413SectionList of shareholders entitled to vote.
Section 450.1415SectionShareholder meeting; quorum.
Section 450.1421SectionProxy; expiration; means; use of reproduction of writing or transmission; revocability; incompetence or death of shareholder.
Section 450.1422SectionIrrevocable proxy.
Section 450.1423SectionRevocable proxy.
Section 450.1431SectionInspectors at shareholders' meetings.
Section 450.1432SectionProcedure recognizing beneficial owner of shares as shareholder.
Section 450.1441SectionVoting by shareholders.
Section 450.1442SectionVoting as a class or series.
Section 450.1444SectionVoting shares standing in name of another corporation; voting pledged shares.
Section 450.1445SectionVoting shares held by representatives or fiduciaries.
Section 450.1446SectionVoting by joint tenants or tenants in common.
Section 450.1447SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1447aSectionVoting shares owned by second corporation.
Section 450.1448SectionVoting of redeemable shares.
Section 450.1451SectionCumulative voting.
Section 450.1455SectionArticles control where voting requirements exceed those of act.
Section 450.1461SectionVoting agreements between shareholders.
Section 450.1463SectionRepealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
Section 450.1466SectionVoting trust agreement; certificates.
Section 450.1467SectionResponsibility of voting trustee; determination of right to vote and manner of voting.
Section 450.1468SectionExtending duration of voting trust agreement.
Section 450.1471SectionShares as personal property; shares transferable.
Section 450.1472SectionRestriction on transfer or registration of transfer of bond or share; imposition; enforcement.
Section 450.1473SectionPermissible restrictions on transfer or registration of transfer of bonds or shares.
Section 450.1481SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1485SectionCorporate books, records, and minutes.
Section 450.1487SectionRequest for balance sheet, statement of income, and statement of source and application of funds; inspection of records; court order; definition; holder of voting trust certificate deemed shareholder.
Section 450.1488SectionShareholder agreement.
Section 450.1489SectionAction by shareholder.
Section 450.1491SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1491aSectionDefinitions.
Section 450.1492SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1492aSectionCommencement of derivative proceeding by shareholder; criteria.
Section 450.1493SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1493aSectionCommencement of derivative proceeding by shareholder; criteria.
Section 450.1494SectionStay of derivative proceeding; condition.
Section 450.1495SectionDismissal of derivative proceeding; determination.
Section 450.1496SectionDiscontinuance or settlement of derivative proceeding; judicial approval; notice; expense.
Section 450.1497SectionTermination of derivative proceeding; order of court.
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