{"data":{"id":"us-mi/mich.-comp.-laws-450.1442","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.1442","heading":"Voting as a class or series.","body":"Sec. 442.\n\n(1) The articles of incorporation may provide that a class or series of shares shall vote as a class or series to authorize any action, including amendment to the articles. Any voting as a class or series shall be in addition to any other vote required by this act. If voting as a class or series is provided in the articles, it shall be by the proportionate vote provided in the articles or, if a proportionate vote is not so provided, then for any action other than the election of directors, by a majority of the votes cast by the holders of shares of that class or series entitled to vote on that action.\n\n(2) If voting as a class or series is required by this act to authorize an action, the action shall be authorized by a majority of the votes cast by the holders of shares of each class or series entitled to vote on that action, unless a greater vote is required by the articles of incorporation or another section of this act. Any voting as a class or series shall be in addition to any other vote required by this act.\n\n(3) Unless otherwise provided in the articles of incorporation, abstaining from a vote or submitting a ballot marked \"abstain\" with respect to an action that requires authorization by a vote of a class or series is not a vote cast on that action.","path":["MI Code","Chapter 450","Act Act-284-of-1972"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-1442","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"1069af7e82af05b66a94870dc78b12ae0a5b779b3d9498f09e61f3914d6beb9c","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.1441","next":"us-mi/mich.-comp.-laws-450.1444"},"notice":"GroundRules: Original legal text. Not legal advice."}
