Corporation organized upon nonstock basis.
MCL 450.2302
in effect450.2302. Corporation organized upon nonstock basis.
Sec. 302.
A corporation shall be organized upon a stock or nonstock basis. A corporation organized upon a nonstock basis shall be organized upon a membership basis or a directorship basis.
1982, Act 162, Eff. Jan. 1, 1983
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-450-2302Fetched: 10/20/2026
