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Code · Michigan · Chapter 450 — Corporations

450.1108 Definitions; N to P.

108 words·~1 min read·/mi/chapter-450/450-1108

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450.1108 Definitions; N to P.
Sec. 108.
(1)"Nonprofit corporation" or "domestic nonprofit corporation" means a nonprofit, corporation subject to the nonprofit corporation act, 1982 PA 162, MCL 450.2101 to 450.3192.
(2)"Person" means an individual, a partnership, a domestic or foreign corporation, a limited liability company, or any other association, corporation, trust, or legal entity.
(3)"Professional corporation" means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 2012, Act 569 , Imd. Eff. Jan. 2, 2013
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