Limitation of Chapter in Accordance With Other Applicable State Laws; Exception.

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Sec. 1751.

This chapter does not prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law. However, this chapter does not limit the director's authority, or the rights or obligations of third parties, under chapter 2.

History: Add. 2018, Act 520, Eff. Jan. 1, 2020
Popular Name: Act 218


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