Mich. Comp. Laws § 450.1451

Current through Public Act 148 of the 2024 Legislative Session
Section 450.1451 - Cumulative voting

The articles of incorporation may provide that a shareholder entitled to vote at an election for directors may vote, in person or by proxy, the number of shares owned by him for as many persons as there are directors to be elected and for whose election he has a right to vote, or to cumulate his votes by giving 1 candidate as many votes as the number of such directors multiplied by the number of his shares, or by distributing his votes on the same principle among any number of the candidates.

MCL 450.1451

1972, Act 284, eff. 1/1/1973 .