Mich. Comp. Laws § 486.56

Current through Public Act 171 of the 2024 Legislative Session

Section 486.56 - Board of directors; majority control

A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall bind the corporation.

MCL 486.56

1883, Act 39, Imd. Eff. 4/21/1883 ;--How. 3895f ;--CL 1897, 6794 ;--CL 1915, 8894 ;--CL 1929, 11829 ;--CL 1948, 486.56.