{"data":{"id":"us-mi/mich.-comp.-laws-500.5234","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.5234","heading":"Stockholders and members; voting rights, quorum.","body":"Sec. 5234.\n\nA majority of the shares entitled to vote on a particular subject matter at any meeting of the stockholders shall constitute a quorum for such vote unless otherwise provided by law or in the articles or in any bylaw adopted by the stockholders. A minimum of 10 members present in person shall constitute a quorum at any meeting of those insurers having members only and no stockholders, unless a larger number is specified in the articles or in any bylaw adopted by the members.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-5234","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"254022d1dd46655455c0f0efcd5e492992ec6855aabb2c1d5c41e6a45f9c4683","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.5232","next":"us-mi/mich.-comp.-laws-500.5236"},"notice":"GroundRules: Original legal text. Not legal advice."}
