Mich. Comp. Laws § 331.1259: Board of trustees and subsidiary board; quorum; actions.
Where this section sits in the code
- MI Code
- Chapter 331
- Act Act-230-of-1987
Sec. 259.
A majority of the trustees serving on a board or subsidiary board of a corporation incorporated by a city or village shall constitute a quorum for the transaction of business of the corporation or subsidiary corporation, respectively. Except as otherwise specifically provided in this act, actions taken by a board of trustees or subsidiary board shall be by a vote of a majority of the members serving on the board or subsidiary board.
Collected 2026-09-14T18:32:31Z. Source file · JSON