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Form a Business

Board of trustees and subsidiary board; quorum; actions.

MCL 331.1259
in effect
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331.1259. Board of trustees and subsidiary board; quorum; actions. Sec. 259. A majority of the trustees serving on a board or subsidiary board of a corporation incorporated by a city or village shall constitute a quorum for the transaction of business of the corporation or subsidiary corporation, respectively. Except as otherwise specifically provided in this act, actions taken by a board of trustees or subsidiary board shall be by a vote of a majority of the members serving on the board or subsidiary board. Add. 1988, Act 502, Eff. Jan. 1, 1989
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-331-1259Fetched: 10/20/2026

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