Michigan Compiled Laws § 457.156 Control Of Business Of Corporation.


457.156 Control of business of corporation.

Sec. 6.

The management, direction, and control of the property and business of such corporation shall be vested in such of its officers and members as a majority of its members present and acting thereon at any regular meeting of the assembly shall from time to time determine.


History: 1883, Act 159, Imd. Eff. June 6, 1883 ;-- How. 4577q ;-- CL 1897, 7873 ;-- CL 1915, 10310 ;-- CL 1929, 10592 ;-- CL 1948, 457.156


Section: Previous  457.151  457.152  457.153  457.154  457.155  457.156  

Last modified: October 10, 2016