Mich. Comp. Laws § 450.1529

Current through Public Act 57 of the 2024 Legislative Session
Section 450.1529 - Submission of matter to shareholder vote

A corporation may agree by contract to submit a matter to a vote of its shareholders even if, after initially 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.

MCL 450.1529

Added by 2012, Act 569,s 22, eff. 1/2/2013.