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  • MCL - Section 450. 2505 - Michigan Legislature
    If the articles of incorporation or bylaws do not specify the term of office or manner of election or appointment of directors, the first board of directors shall hold office until the first annual meeting of shareholders or members
  • Michigan Nonprofit Corporation Act: Full Text of the Law
    A corporation shall hold an annual meeting of its shareholders or members, to elect directors and conduct any other business that may come before the meeting, on a date designated in the bylaws, unless the shareholders or members act by written consent under section 407 or by ballot under section 408 or 409
  • Michigan Nonprofit Bylaws: Requirements and Compliance Guide
    Michigan law does not mandate a specific number of meetings, but regular meetings are advisable for active governance Additionally, bylaws should outline the process for handling conflicts of interest, requiring board members to disclose any potential conflicts and abstain from voting on related matters
  • MCL - Section 450. 2521 - Michigan Legislature
    (1) A board may hold regular or special meetings of the board either in or outside of this state (2) A board may hold a regular meeting with or without notice as prescribed in the bylaws A board may hold a special meeting after giving notice as prescribed in the bylaws
  • The Michigan Nonprofit Corporation Act
    If the articles of incorporation or bylaws do not so specify the term of office or manner of election or appointment of directors, the first board of directors shall hold office until the first annual meeting of shareholders or members
  • Forming and Maintaining A Nonprofit - Michigan
    D Bylaws Bylaws are the rules used by the board to govern the organization Michigan does not require a copy of the bylaws to be filed with the state Regardless of filing requirement, their creation is a part of the formation process and is required by state law It is critical that the bylaws be
  • State laws for charitable organizations Michigan - Independent Sector
    Annual meeting is required Mich Comp Laws Ann § 450 2402 The officers of a corporation shall consist of a president, secretary, treasurer, and, if desired, a chairperson of the board, one or more vice-presidents, and such other officers as may be prescribed by the bylaws or determined by the board Mich Comp Laws Ann § 450 2531
  • Michigan Annual General Meeting Requirements for Condos, Co-Ops, and . . .
    According to the Nonprofit Corporation Act, an annual meeting of the members is required Notice of the meeting must be given at least ten days before the meeting, but no more than 60 days before the meeting date
  • NONPROFIT CORPORATION ACT - Michigan Legislature
    of shareholders or members under section 408 or section 409 or at a meeting of the shareholders or members (5) "Board" means board of directors or trustees or other governing board of a corporation (6) "Bonds" includes secured and unsecured bonds, debentures, and notes
  • Requirements for Nonprofit Annual Meetings - Nolo
    Take a look at your bylaws and formation documents to determine the date of your annual meeting and the notification requirements Commonly, your bylaws will provide the month of the meeting, and the directors will agree on the date





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