{"data":{"id":"us-mi/mich.-comp.-laws-125.2577","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 125.2577","heading":"Disclosure of interest in matter before corporation.","body":"Sec. 17.\n\nA director who has either a direct or indirect interest in a matter before the corporation shall disclose that interest before the corporation takes action on the matter. This disclosure shall be made a part of the record of the corporation's official proceedings and the interested director shall refrain from participation in the corporation relating to the matter.","path":["MI Code","Chapter 125","Act Act-75-of-1995"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-2577","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"25bba6f47e4a05beac9025cd237cbe882061ce7a099c0d2ce713011974db5dae","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-125.2575","next":"us-mi/mich.-comp.-laws-125.2579"},"notice":"GroundRules: Original legal text. Not legal advice."}