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HEALTH ENDOWMENT FUND CORPORATIONS

  • Mich. Comp. Laws § 550.1651— Definitions
  • Mich. Comp. Laws § 550.1652— Health endowment fund corporation; incorporation; conflict of interest; appointment of board members; vacancy; terms; quorum; vote; business open to public; notice; meeting in closed session; minutes; compensation
  • Mich. Comp. Laws § 550.1653— Charitable purpose nonprofit corporation; receipt and administration of funds; articles of incorporation; grants; conflict with other provisions of law; social mission contributions; fund as private, nonprofit corporation
  • Mich. Comp. Laws § 550.1654— Executive director
  • Mich. Comp. Laws § 550.1655— Disbursement, expenditure, and investment of money by fund; system of financial accounting, controls, audits, and reports; appointment of audit committee; duties of executive director; requirement to keep accurate accounting; cooperation with investigation