Section 486.106 Board of Directors; Majority Control.

MI Comp L § 486.106 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 6.

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.

History: 1887, Act 202, Imd. Eff. June 18, 1887 ;-- How. 3895w ;-- CL 1897, 6811 ;-- CL 1915, 8909 ;-- CL 1929, 11844 ;-- CL 1948, 486.106