MCL - 350-1980-6A
Act 350 of 1980
HEALTH ENDOWMENT FUND CORPORATIONS
| Document | Type | Description |
|---|---|---|
| Section 550.1651 | Section | Definitions. |
| Section 550.1652 | Section | Health endowment fund corporation; incorporation; conflict of interest; appointment of board members; vacancy; terms; quorum; vote; business open to public; notice; meeting in closed session; minutes; compensation. |
| Section 550.1653 | Section | Charitable purpose nonprofit corporation; receipt and administration of funds; articles of incorporation; grants; conflict with other provisions of law; social mission contributions; fund as private, nonprofit corporation. |
| Section 550.1654 | Section | Executive director. |
| Section 550.1655 | Section | Disbursement, expenditure, and investment of money by fund; system of financial accounting, controls, audits, and reports; appointment of audit committee; duties of executive director; requirement to keep accurate accounting; cooperation with investigation. |