Mich. Comp. Laws § 125.1630
Current through Public Act 148 of the 2024 Legislative Session
The articles of incorporation of the corporation may be amended by resolution of the municipality which resolution shall be filed with the secretary of state. The effect of an amendment may include the alteration or changing of the structure, organization, programs, or activities of the corporation including the power to terminate the existence of the corporation. However, an amendment shall not impair the obligation of a bond or contract.
MCL 125.1630