Michigan Compiled Laws § 500.8220 Reorganization; Special Meeting; Notice; Approval; Required Vote; Proxies.

500.8220 Reorganization; special meeting; notice; approval; required vote; proxies.

Sec. 8220.

A notice of said special meeting, in the form approved by the commissioner, shall be given in accordance with the requirement of the bylaws of such society. When so submitted, a majority vote of the supreme governing body present and voting, as authorized by its articles of incorporation and bylaws, shall be necessary to an approval of such plan of transformation; and no proxies shall in any case be voted.

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218

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Last modified: October 10, 2016