{"data":{"id":"us-mi/mich.-comp.-laws-450.2442","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.2442","heading":"Voting as class.","body":"Sec. 442.\n\n(1) The articles of incorporation or bylaws may provide that a class of shares or members shall vote as a class to authorize any action, including amendment to the articles of incorporation. A vote as a class under this section is in addition to any other vote required under this act. If voting as a class is provided in the articles of incorporation or bylaws, it shall be by the proportionate vote provided in the articles of incorporation or bylaws 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 or members of the class entitled to vote on the action.\n\n(2) If voting as a class is required under this act to authorize an action, the action is authorized if it receives the affirmative vote of a majority of the votes cast by the shareholders or members of each class entitled to vote on that action, unless a higher vote is required in the articles of incorporation or under another section of this act. A vote as a class under this subsection is in addition to any other vote required under 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 class of shareholders or members is not a vote cast on that action.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-2442","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c7c6af66afa4185abbbb0b3eae9c82b17681e5881062f1d364aa9f66b813330a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.2441","next":"us-mi/mich.-comp.-laws-450.2443"},"notice":"GroundRules: Original legal text. Not legal advice."}
