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Code · Michigan · Chapter 450 — Corporations

450.3152 Board of directors; election or appointment other than by vote of membership.

56 words·~1 min read·/mi/chapter-450/450-3152

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450.3152 Board of directors; election or appointment other than by vote of membership.
Sec. 1152.
Notwithstanding section 505, the bylaws of a cooperative may provide for 1/3 or less of the board of directors to be elected or appointed other than by a vote of the membership.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985
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