Mich. Comp. Laws § 450.2110: Definitions; V.
Where this section sits in the code
- MI Code
- Chapter 450
- Act Act-162-of-1982
Sec. 110.
(1) "Volunteer" means an individual who performs services for a corporation, other than services as a volunteer director, who does not receive compensation or any other type of consideration for the services other than reimbursement for expenses actually incurred.
(2) "Volunteer director" means a director who does not receive anything of more than nominal value from the corporation for serving as a director other than reasonable per diem compensation and reimbursement for actual, reasonable, and necessary expenses incurred by a director in his or her capacity as a director.
Collected 2026-09-14T18:32:31Z. Source file · JSON