Mich. Comp. Laws § 331.1259

Current through Public Act 57 of the 2024 Legislative Session
Section 331.1259 - Board of trustees and subsidiary board; quorum; actions

A majority of the trustees serving on a board or subsidiary board of a corporation incorporated by a city or village shall constitute a quorum for the transaction of business of the corporation or subsidiary corporation, respectively. Except as otherwise specifically provided in this act, actions taken by a board of trustees or subsidiary board shall be by a vote of a majority of the members serving on the board or subsidiary board.

MCL 331.1259

Add. 1988, Act 502, Eff. 1/1/1989 .