Part

Part 3

Mich. Comp. Laws § 550.1301— Board of directors; powers and duties generally; appointment, qualifications, and terms of members; vacancy; officer or employee as voting or nonvoting director; method of selection; definitions; prohibition
Mich. Comp. Laws § 550.1302— Bylaws generally
Mich. Comp. Laws § 550.1303— Meetings; required provisions in bylaws; notice; waiver; participation by conference telephone or similar communications equipment; quorum; action by board; actions requiring majority vote; record roll call vote; recording vote in minutes
Mich. Comp. Laws § 550.1304— Books, records, and minutes; copy of minutes; disclosure, publication, and dissemination of minutes; compelling production of books or records
Mich. Comp. Laws § 550.1305— Establishment and composition of corporate body; service of members on committees; membership on board of directors
Mich. Comp. Laws § 550.1306— Effect of common directorship, officership, or interest on validity of contract or other transaction; burden of establishing validity of contract; exclusion of common or interested directors in determination of quorum; compensation of directors; bylaws regarding conflict of interest
Mich. Comp. Laws § 550.1307— Advisory councils; committees of board of directors; bylaws regarding membership and emergency meetings and actions
Mich. Comp. Laws § 550.1308— Committees of board of directors; powers and authority; prohibited activities; emergency actions
Mich. Comp. Laws § 550.1309— Officers and assistants; selection; restriction; authority and duties; removal; contractual rights; bond; vacancies; compensation; pension
Mich. Comp. Laws § 550.1310— Fiduciary duties; scope and manner of discharge; removal of director for breach of fiduciary duty; notice and hearing
Mich. Comp. Laws § 550.1311— Liability for misapplication or misuse of corporate money or property
Mich. Comp. Laws § 550.1312— Action for failure to perform duties; commencement
Mich. Comp. Laws § 550.1313— False statement as misdemeanor; liability for false statement or report; commencement of action for civil liability