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Form a Business

Limitation of chapter in accordance with other applicable state laws; exception.

MCL 500.1751
in effect
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500.1751. Limitation of chapter in accordance with other applicable state laws; exception. Sec. 1751. This chapter does not prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law. However, this chapter does not limit the director's authority, or the rights or obligations of third parties, under chapter 2. Add. 2018, Act 520, Eff. Jan. 1, 2020 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-1751Fetched: 10/20/2026

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