Mich. Comp. Laws § 450.3162

Current through Public Act 166 of the 2024 Legislative Session
Section 450.3162 - Distribution of assets generally

In the event of an amendment to the articles of incorporation or bylaws, merger, or disposition of substantially all of the assets of a cooperative, or a dissolution, that results in a distribution of all or substantially all of the assets of the corporation to members, the corporation shall make that distribution in the manner and order provided in section 1183.

MCL 450.3162

Amended by 2014, Act 557,s 180, eff. 1/15/2015.
Add. 1984, Act 209, eff. 11/1/1985.