{"data":{"id":"us-mi/mich.-comp.-laws-500.6005","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.6005","heading":"Reorganization plan; adoption; amendment; withdrawal.","body":"Sec. 6005.\n\nA mutual company seeking to reorganize to a mutual holding company structure shall adopt, by the affirmative vote of not less than 2/3 of its board of directors, a plan of reorganization under this chapter.\n\nAt any time before approval of a plan of reorganization by eligible members, the mutual company, by the affirmative vote of not less than 2/3 of its board of directors, may amend or withdraw the plan.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-6005","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"05706b27775ba5b13561cfdf45a6c73daf9464620c381ba5d6a2a9092e965309","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.6003","next":"us-mi/mich.-comp.-laws-500.6007"},"notice":"GroundRules: Original legal text. Not legal advice."}