Michigan Compiled Laws § 450.2529 Submitting Matter To Vote.

450.2529 Submitting matter to vote.

Sec. 529.

A corporation may agree to submit a matter to a vote of its shareholders or members even if, after approving the matter, the board of directors later determines that it no longer recommends the matter or recommends against approval of the matter by the shareholders or members.

History: Add. 2014, Act 557, Imd. Eff. Jan. 15, 2015

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Last modified: October 10, 2016