MCL - 284-1972-4

BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
Chapter 4
SHAREHOLDERS
Document Type Description
Section 450.1401 Section Meetings of shareholders; place.
Section 450.1402 Section Annual meeting of shareholders.
Section 450.1403 Section Special meeting of shareholders.
Section 450.1404 Section Meetings of shareholders; notice; adjournment; result of shareholder's attendance at meeting.
Section 450.1405 Section Participating in meeting of shareholders by conference telephone or remote communications.
Section 450.1406 Section Meeting of shareholders; duties of chairperson.
Section 450.1406a Section Electronic transmission as notice; consent.
Section 450.1407 Section Corporate action without meeting, notice, or vote of shareholders.
Section 450.1411 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1412 Section Fixing record dates for certain purposes.
Section 450.1413 Section List of shareholders entitled to vote.
Section 450.1415 Section Shareholder meeting; quorum.
Section 450.1421 Section Proxy; expiration; means; use of reproduction of writing or transmission; revocability; incompetence or death of shareholder.
Section 450.1422 Section Irrevocable proxy.
Section 450.1423 Section Revocable proxy.
Section 450.1431 Section Inspectors at shareholders' meetings.
Section 450.1432 Section Procedure recognizing beneficial owner of shares as shareholder.
Section 450.1441 Section Voting by shareholders.
Section 450.1442 Section Voting as a class or series.
Section 450.1444 Section Voting shares standing in name of another corporation; voting pledged shares.
Section 450.1445 Section Voting shares held by representatives or fiduciaries.
Section 450.1446 Section Voting by joint tenants or tenants in common.
Section 450.1447 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1447a Section Voting shares owned by second corporation.
Section 450.1448 Section Voting of redeemable shares.
Section 450.1451 Section Cumulative voting.
Section 450.1455 Section Articles control where voting requirements exceed those of act.
Section 450.1461 Section Voting agreements between shareholders.
Section 450.1463 Section Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
Section 450.1466 Section Voting trust agreement; certificates.
Section 450.1467 Section Responsibility of voting trustee; determination of right to vote and manner of voting.
Section 450.1468 Section Extending duration of voting trust agreement.
Section 450.1471 Section Shares as personal property; shares transferable.
Section 450.1472 Section Restriction on transfer or registration of transfer of bond or share; imposition; enforcement.
Section 450.1473 Section Permissible restrictions on transfer or registration of transfer of bonds or shares.
Section 450.1481 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1485 Section Corporate books, records, and minutes.
Section 450.1487 Section Request for balance sheet, statement of income, and statement of source and application of funds; inspection of records; court order; definition; holder of voting trust certificate deemed shareholder.
Section 450.1488 Section Shareholder agreement.
Section 450.1489 Section Action by shareholder.
Section 450.1491 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1491a Section Definitions.
Section 450.1492 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1492a Section Commencement of derivative proceeding by shareholder; criteria.
Section 450.1493 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1493a Section Commencement of derivative proceeding by shareholder; criteria.
Section 450.1494 Section Stay of derivative proceeding; condition.
Section 450.1495 Section Dismissal of derivative proceeding; determination.
Section 450.1496 Section Discontinuance or settlement of derivative proceeding; judicial approval; notice; expense.
Section 450.1497 Section Termination of derivative proceeding; order of court.