Mich. Comp. Laws § 450.1554
Current through Public Act 35 of the 2024 Legislative Session
An action against a director or shareholder for recovery upon a liability imposed by section 551 shall be commenced within 3 years after the cause of action accrues. An action under section 552 shall be commenced within 3 years after payment by the director to the corporation.
MCL 450.1554