Michigan Compiled Laws § 450.2302 Corporation Organized Upon Nonstock Basis.

450.2302 Corporation organized upon nonstock basis.

Sec. 302.

A corporation shall be organized upon a stock or nonstock basis. A corporation organized upon a nonstock basis shall be organized upon a membership basis or a directorship basis.

History: 1982, Act 162, Eff. Jan. 1, 1983

Section: 450.2301  450.2302  450.2303  450.2303a  450.2303b  450.2303c  450.2303d  450.2304  450.2305  450.2307  450.2308  450.2309  450.2310  450.2311  450.2312  Next

Last modified: October 10, 2016