{"data":{"id":"us-mi/mich.-comp.-laws-450.2415","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.2415","heading":"Quorum; continuing conduct of business if less than quorum; adjournment of meeting; shareholders entitled to vote separately.","body":"Sec. 415.\n\n(1) Unless a greater or lesser quorum is provided in the articles of incorporation, in a bylaw adopted by the shareholders, members, or incorporators, or in this act, shares or members entitled to cast a majority of the votes at a meeting constitute a quorum at the meeting. If the withdrawal of shareholders or members leaves less than a quorum before adjournment, the remaining shareholders or members present in person or by proxy at the meeting may continue to do business until adjournment. Whether or not a quorum is present, a meeting may be adjourned by a vote of the shareholders or members present.\n\n(2) If the holders of a class of shares or members of a class are entitled to vote separately on an item of business, this section applies in determining the presence of a quorum of the class for transaction of the item of business.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-2415","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"41c0f16c6c8bcb9d4b7c7372a2581674d66100eee71029e92c255de9ed687a89","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.2413","next":"us-mi/mich.-comp.-laws-450.2421"},"notice":"GroundRules: Original legal text. Not legal advice."}