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Form a Business

Directors; president; treasurer; selection, vacancy.

MCL 485.109
in effect
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485.109. Directors; president; treasurer; selection, vacancy. Sec. 9. The directors at their first meeting after their election, shall choose, by ballot, 1 of their number as president, and 1 as treasurer, and they shall supply any vacancy in the office of president or treasurer, whenever the same shall occur. 1869, Act 149, Imd. Eff. Apr. 5, 1869; CL 1871, 2724; How. 3853; CL 1897, 6729; CL 1915, 8830; CL 1929, 11765; CL 1948, 485.109
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-485-109Fetched: 10/20/2026

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