Section 486.206 Board of Directors; Majority Control.

MI Comp L § 486.206 (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: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8925 ;-- CL 1929, 11860 ;-- CL 1948, 486.206