450.1105 Definitions; A, B.
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450.1105 Definitions; A, B.
Sec. 105.
(1)"Administrator" means the chief officer of the department or of any other agency or department authorized by law to administer this act, or his or her designated representative.
(2)"Articles of incorporation" includes any of the following:
(a)The original articles of incorporation or any other instrument filed or issued under any statute to organize a domestic or foreign corporation, as amended, supplemented, or restated by certificates of amendment, merger, conversion, or consolidation or other certificates or instruments filed or issued under any statute.
(b)A special act or charter creating a domestic or foreign corporation, as amended, supplemented, or restated.
(3)"Authorized shares" means shares of all classes that a corporation is authorized to issue.
(4)"Board" means board of directors or other governing board of a corporation.
(5)"Bonds" includes secured and unsecured bonds, debentures, and notes.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 2001, Act 57 , Imd. Eff. July 23, 2001 ;-- Am. 2012, Act 569 , Imd. Eff. Jan. 2, 2013