Board of Directors; Majority Control.

  1. Law
  2. Michigan Compiled Laws
  3. Water and Power Companies
  4. 283 of 1905 - Water Power Companies (486.201 - 486.216)
  5. Board of Directors; Majority Control.

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Sec. 6.

A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall bind the corporation.

History: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8925 ;-- CL 1929, 11860 ;-- CL 1948, 486.206


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