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Michigan Compiled Laws Complete Through PA 281 of 2014
House: Adjourned until Tuesday, September 23, 2014 1:30:00 PM
Senate: Adjourned until Tuesday, September 23, 2014 10:00:00 AM

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Section 450.3152

NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982


450.3152 Board of directors; election or appointment other than by vote of membership.

Sec. 1152.

Notwithstanding section 505, the bylaws of a cooperative may provide for 1/3 or less of the board of directors to be elected or appointed other than by a vote of the membership.


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


© 2009 Legislative Council, State of Michigan