PocketLaw | Michigan Compiled Laws | Chapter 4 (450.2401...450.2497)

Chapter 4 (450.2401...450.2497)

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Section
450.2401

Meetings of Shareholders or Members; Location.

Section
450.2402

Annual Meeting of Shareholders or Members for Election of Directors and Conduct Other Business; Failure to Hold Meeting at Designated Time or Elect Sufficient Number of Directors; Adjournment of Meeting; Court Order to Hold Meeting or Election; Quorum.

Section
450.2403

Special Meeting of Shareholders or Members; Court Order; Quorum.

Section
450.2404

Notice of Time, Place, and Purposes of Meeting of Shareholders or Members; Manner; Contents; Notice of Adjourned Meeting; Notice Not Given; Attendance at Meeting; Participating and Voting by Remote Communication; Meeting Without Notice.

Section
450.2405

Shareholder, Member, or Proxy Holder Participation in Meeting by Conference Telephone or Other Means of Remote Communication; Conditions; Participation as Presence in Person at Meeting; Participating and Voting by Remote Communication.

Section
450.2406

Chairperson Presiding at Meeting of Shareholders or Members; Powers, Duties, and Authority.

Section
450.2406a

Notice by Electronic Transmission.

Section
450.2407

Taking Corporate Action Without Meeting; Consent; Notice; Statement on Filed Certificate; Consent by Electronic Transmission; Delivery.

Section
450.2408

Taking Corporate Action Without Meeting; Shareholder or Member Action by Ballot; Requirements; Revocation of Ballot; Inclusion of Proposed Action in Ballot; Statement of Certificate.

Section
450.2409

Taking Corporate Action Without Meeting; Voting by Shareholder or Member at Polling Place; Accessibility; Requirements; Revocation of Ballot; Inclusion of Proposed Action in Ballot; Statement on Certificate.

Section
450.2411

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2412

Record Date.

Section
450.2413

Making and Certifying List of Shareholders or Members Entitled to Vote at Meeting or Adjournment; Requirements; Noncompliance; Adjournment of Meeting; Validity of Action Taken.

Section
450.2415

Quorum; Continuing Conduct of Business if Less Than Quorum; Adjournment of Meeting; Shareholders Entitled to Vote Separately.

Section
450.2421

Authorizing Person to Act for Shareholder or Member by Proxy; Election of Directors by Proxy; Validity; Revocability; Methods of Granting Authority; Use of Copy, Facsimile, or Reproduction.

Section
450.2422

Irrevocable Proxy.

Section
450.2423

Revocability of Proxy.

Section
450.2431

Inspectors at Shareholders' or Members' Meeting; Waiver; Appointment and Duties; Failure to Appoint; Vacancy; Report; Evidence.

Section
450.2432

Beneficial Owner of Shares or Memberships Registered in Name of Nominee; Recognition by Corporation as Shareholder or Member; Procedure.

Section
450.2441

Voting Generally.

Section
450.2442

Voting as Class.

Section
450.2443

Grouping of Members in Local Units; Basis; Purpose; Actions Authorized by Bylaws; Incorporation and Powers of Local Units; Powers, Rights, and Privileges of Elected Representatives or Delegates.

Section
450.2444

Voting by Corporation or Business Corporation; Voting of Pledged Shares.

Section
450.2445

Voting of Shares or Membership Held by Person in Representative or Fiduciary Capacity or Held Jointly by Fiduciaries.

Section
450.2446

Voting of Shares or Membership Held by Joint Tenants or Tenants in Common.

Section
450.2447

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2447a

Voting of Shares or Memberships if Owned by Another Corporation or Business Corporation.

Section
450.2448

Redemption of Shares; Voting.

Section
450.2451

Voting for Directors.

Section
450.2455

Action Requiring Vote or Concurrence of Greater Proportion of Shares, Members, or Class Than Required by Act; Amendment of Articles of Incorporation.

Section
450.2461

Agreement as to Voting Rights.

Section
450.2466

Transfer of Shares or Membership to Trustee; Filing of Voting Rights Agreement; Voting and Other Rights of Trustee; Inspection of Filed Copy of Voting Trust Agreement; Description of Beneficial Interests.

Section
450.2467

Shares or Memberships Subject to Voting Trust; Liability of Trustee; Designation of 2 or More Persons as Voting Trustees.

Section
450.2468

Extension of Voting Trust Agreement.

Section
450.2471

Shares as Personal Property; Transfer; Applicability of MCL 440.8101 to 440.8601.

Section
450.2472

Transfer or Registration of Bond, Share, or Membership; Written Restriction.

Section
450.2473

Transfer or Registration of Bond, Share, or Membership; Imposition of Restrictions; Conditions.

Section
450.2481

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2485

Books, Records, and Minutes.

Section
450.2487

Mailing Balance Sheet and Statements to Shareholder or Member Upon Request; Inspection During Regular Business Hours; Written Demand; "Proper Purpose" Defined; Order Compelling Inspection; Burden of Proof; Powers of Court; Inspection by Director; Costs; Holder of Voting Trust Certificate as Shareholder or Member; Right to Inspect Prohibited or Limited; Definitions.

Section
450.2488

Agreement Among Members of Corporation.

Section
450.2489

Court Action That Certain Acts Illegal, Fraudulent, or Willfully Unfair and Oppressive; Order or Relief; "Willfully Unfair and Oppressive Conduct" Defined.

Section
450.2491

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2491a

Definitions.

Section
450.2492

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2492a

Derivate Proceeding; Criteria to Be Met by Shareholder or Member.

Section
450.2493

Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section
450.2493a

Derivative Proceeding; Commencement.

Section
450.2494

Derivative Proceeding; Investigation; Issuance of Stay.

Section
450.2495

Derivative Proceeding; Dismissal.

Section
450.2496

Derivative Proceeding; Discontinuance or Settlement; Court Approval Required.

Section
450.2497

Derivative Proceeding; Termination.