Part 6a Health Endowment Fund Corporations (550.1651...550.1655)

  1. Law
  2. Michigan Compiled Laws
  3. General Insurance Laws
  4. 350 of 1980 - The Nonprofit Health Care Corporation Reform Act (550.1101 - 550.1704)
  5. Part 6a Health Endowment Fund Corporations (550.1651...550.1655)

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Section
550.1651

Definitions.

Section
550.1652

Health Endowment Fund Corporation; Incorporation; Conflict of Interest; Appointment of Board Members; Vacancy; Terms; Quorum; Vote; Business Open to Public; Notice; Meeting in Closed Session; Minutes; Compensation.

Section
550.1653

Charitable Purpose Nonprofit Corporation; Receipt and Administration of Funds; Articles of Incorporation; Grants; Conflict With Other Provisions of Law; Social Mission Contributions; Fund as Private, Nonprofit Corporation.

Section
550.1654

Executive Director.

Section
550.1655

Disbursement, Expenditure, and Investment of Money by Fund; System of Financial Accounting, Controls, Audits, and Reports; Appointment of Audit Committee; Duties of Executive Director; Requirement to Keep Accurate Accounting; Cooperation With Investigation.