For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Health care corporation; prohibited actions.

MCL 550.1218
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
550.1218. Health care corporation; prohibited actions. Sec. 218. A health care corporation shall not do any of the following: (a) Take any action to change its nonprofit status. (b) Except as otherwise provided in section 220, dissolve, merge, consolidate, mutualize, or take any other action that results in a change in direct or indirect control of the health care corporation or sell, transfer, lease, exchange, option, or convey assets that results in a change in direct or indirect control of the health care corporation. Add. 2002, Act 559, Imd. Eff. Sept. 27, 2002; Am. 2013, Act 4, Imd. Eff. Mar. 18, 2013 [PopularName] Blue Cross-Blue Shield [PopularName] Act 350
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-550-1218Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements