Mich. Comp. Laws § 450.2713: Subsidiary corporation as constituent corporation in merger; approval of shareholders or members.
Where this section sits in the code
- MI Code
- Chapter 450
- Act Act-162-of-1982
Sec. 713.
(1) A subsidiary corporation that is a constituent corporation in a merger under section 711 shall obtain the approval of its shareholders or members in accordance with the applicable provisions of section 703a.
(2) A parent corporation shall obtain approval of its shareholders or members for a merger under section 711 if either of the following applies:
(a) Its articles of incorporation require shareholder or member approval of the merger.
(b) Pursuant to section 703a, the plan of merger contains a provision that would amend any part of the articles of incorporation of the parent corporation into which a subsidiary corporation is being merged, or a subsidiary corporation is to be the surviving corporation of the merger.
Collected 2026-09-14T18:32:31Z. Source file · JSON