Mich. Comp. Laws § 450.3161

Current through Public Act 149 of the 2024 Legislative Session
Section 450.3161 - Amendment to articles of incorporation; calling special meeting; consideration of proposed amendment

An amendment to the articles of incorporation may be proposed by the board, by 10% or more of the members, or by some smaller percentage of members established in the articles or bylaws. If proposed by the number of members required for calling a special meeting pursuant to section 1141, a special meeting shall be called within a reasonable time. If proposed by less than the number of members required to call a special meeting, then the proposed amendment shall be considered at the next annual or special meeting.

MCL 450.3161

Add. 1984, Act 209, eff. 11/1/1985 .