Michigan Compiled Laws 162-1982-1 Chapter 1 (450.2101...450.2151)

• Section 450.2101 Short Title.
  This act shall be known and may be cited as the “nonprofit corporation act”. History: 1982, Act 162, Eff. Jan. 1, 1983
• Section 450.2103 Construction And Application Of Act.
  This act shall be liberally construed and applied to promote its underlying purposes and policies which include all of the following: (a) To simplify,...
• Section 450.2104 Definitions Generally.
  The definitions contained in sections 105 to 110 shall control the interpretation of this act, unless the context otherwise requires. History: 1982, Act 162,...
• Section 450.2105 Definitions; A, B.
  (1) "Administrator" means the director of the department or his or her designated representative. (2) "Articles of incorporation" includes any of the following: (a)...
• Section 450.2106 Definitions; C To E.
  (1) "Charitable purpose corporation" means a domestic corporation that meets any of the following: (a) Is recognized by the United States internal revenue service...
• Section 450.2107 Definitions; F.
  (1) "Foreign business corporation" means a corporation for profit that is formed under laws other than the laws of this state, that includes in...
• Section 450.2108 Definitions; M To P.
  (1) "Member" means a person that has a membership in a corporation in accordance with the provisions of its articles of incorporation or bylaws....
• Section 450.2109 Definitions; S.
  (1) "Shareholder" means a person that holds shares of a domestic corporation, foreign corporation, domestic business corporation, or foreign business corporation. (2) "Shares" means...
• Section 450.2110 Definitions; V.
  (1) "Volunteer" means an individual who performs services for a corporation, other than services as a volunteer director, who does not receive compensation or...
• Section 450.2121 Corporations To Which Act Applicable; Corporation Formed Under Predecessor Act.
  (1) Except as otherwise provided in this act or by other law, this act applies to all of the following: (a) Every domestic corporation...
• Section 450.2122 Statutory Reference To Repealed Act As Reference To This Act; Statutes Inapplicable To Domestic Corporation; Uniform Fraudulent Transfer Act Inapplicable To Distributions.
  (1) A reference in any statute of this state to parts of any act that are repealed by this act is considered to be...
• Section 450.2123 Applicability To Corporation Formed Under Other Act Not Repealed By This Act; Organizations To Which Act Inapplicable.
  (1) Subject to subsection (3), unless otherwise provided in, and to the extent not inconsistent with, the act under which a corporation is or...
• Section 450.2124 Requirements Of Other Acts Not Modified; Compliance; Inconsistency Between Acts.
  (1) This act does not modify the requirements of the following: (a) The supervision of trustees for charitable purposes act, 1961 PA 101, MCL...
• Section 450.2125 Applicability To Commerce With Foreign Nations And Among Several States, And To Corporations Formed By Act Of Congress.
  This act applies to commerce with foreign nations and among the several states and to corporations formed by or under any act of congress,...
• Section 450.2127 Effect Of Act On Existing Corporation, Cause Of Action, Liability, Penalty, Action, Or Special Proceeding.
  (1) Except as provided in section 261(3), this act does not affect the duration of a corporation which exists on the effective date of...
• Section 450.2129 Supplementation, Alteration, Amendment, Or Repeal Of Act By Legislature.
  This act may be supplemented, altered, amended, or repealed by the legislature and every corporation, domestic or foreign, to which this act applies is...
• Section 450.2131 Submission Of Documents; Delivery; Endorsement; Indexing; Returning Copy Or Original; Public Inspection; Maintenance Of Records And Files; Reproductions; Effective Date Of Document; Fees.
  (1) A document required or permitted to be filed under this act shall be submitted by delivering the document to the administrator together with...
• Section 450.2132 English Language; Signatures; Contents Of Documents.
  (1) A document filed with the administrator shall be in the English language, except that the corporate name need not be in the English...
• Section 450.2133 Correction Of Document; Certificate; Effective Date Of Corrected Document.
  If a document relating to a domestic or foreign corporation that is filed with the administrator under this act was at the time of...
• Section 450.2141 Taking Action Without Notice And Without Lapse Of Prescribed Period Of Time; Waiver.
  If, under this act or the articles of incorporation or bylaws of a corporation or by the terms of an agreement or instrument, a...
• Section 450.2142 Dispensing With Notice Or Communication To Person With Whom Communication Unlawful; Affidavit, Certificate, Or Other Instrument.
  When a notice or communication is required to be given to a person by this act, by the articles of incorporation or bylaws, or...
• Section 450.2143 Giving Notice Or Communication By Mail; Electronic Transmission As Written Notice; Delivery Of Notice Or Documents To Common Address; Delivery Of Notice To Resident Agent; "Address" Defined.
  (1) If a notice or communication is required or permitted by this act to be given by mail, it shall be mailed, except as...
• Section 450.2151 Failure Of Administrator To File Document Promptly; Notice Of Failure To File; Posting Notice On Website Or Sending By Mail Or Electronic Mail Address; Refusal Or Revocation Of Authorization Of Foreign Corporation To Conduct Affairs In State; Judicial Review.
  (1) If the administrator fails to promptly file a document, other than an annual report, submitted for filing under this act, the administrator shall...

Last modified: October 10, 2016