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Section 450.1401 - Meetings of Shareholders; Place. - Sec. 401. Meetings of shareholders may be held at a...
Section 450.1402 - Annual Meeting of Shareholders. - Sec. 402. An annual meeting of shareholders for election of...
Section 450.1403 - Special Meeting of Shareholders. - Sec. 403. A special meeting of shareholders may be called...
Section 450.1404 - Meetings of Shareholders; Notice; Adjournment; Result of Shareholder's Attendance at Meeting. - Sec. 404. (1) Except as otherwise provided in this act,...
Section 450.1405 - Participating in Meeting of Shareholders by Conference Telephone or Remote Communications. - Sec. 405. (1) Unless otherwise restricted by the articles of...
Section 450.1406 - Meeting of Shareholders; Duties of Chairperson. - Sec. 406. (1) At each meeting of shareholders, a chairperson...
Section 450.1406a - Electronic Transmission as Notice; Consent. - Sec. 406a. In addition to any other form of notice...
Section 450.1407 - Corporate Action Without Meeting, Notice, or Vote of Shareholders. - Sec. 407. (1) The articles of incorporation may provide that...
Section 450.1411 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to record date for...
Section 450.1412 - Fixing Record Dates for Certain Purposes. - Sec. 412. (1) For the purpose of determining shareholders entitled...
Section 450.1413 - List of Shareholders Entitled to Vote. - Sec. 413. (1) The officer or agent having charge of...
Section 450.1415 - Shareholder Meeting; Quorum. - Sec. 415. (1) Unless a greater or lesser quorum is...
Section 450.1421 - Proxy; Expiration; Means; Use of Reproduction of Writing or Transmission; Revocability; Incompetence or Death of Shareholder. - Sec. 421. (1) A shareholder entitled to vote at a...
Section 450.1422 - Irrevocable Proxy. - Sec. 422. A proxy which is entitled "irrevocable proxy", and...
Section 450.1423 - Revocable Proxy. - Sec. 423. (1) A proxy becomes revocable, notwithstanding a provision...
Section 450.1431 - Inspectors at Shareholders' Meetings. - Sec. 431. (1) If the bylaws require inspectors at a...
Section 450.1432 - Procedure Recognizing Beneficial Owner of Shares as Shareholder. - Sec. 432. (1) A corporation may establish a procedure by...
Section 450.1441 - Voting by Shareholders. - Sec. 441. (1) Each outstanding share is entitled to 1...
Section 450.1442 - Voting as a Class or Series. - Sec. 442. (1) The articles of incorporation may provide that...
Section 450.1444 - Voting Shares Standing in Name of Another Corporation; Voting Pledged Shares. - Sec. 444. (1) Shares standing in the name of another...
Section 450.1445 - Voting Shares Held by Representatives or Fiduciaries. - Sec. 445. (1) Shares held by a person in a...
Section 450.1446 - Voting by Joint Tenants or Tenants in Common. - Sec. 446. Shares held by 2 or more persons as...
Section 450.1447 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to voting of treasury...
Section 450.1447a - Voting Shares Owned by Second Corporation. - Sec. 447a. Absent an order of a court of competent...
Section 450.1448 - Voting of Redeemable Shares. - Sec. 448. After written notice of redemption of redeemable shares...
Section 450.1451 - Cumulative Voting. - Sec. 451. The articles of incorporation may provide that a...
Section 450.1455 - Articles Control Where Voting Requirements Exceed Those of Act. - Sec. 455. With respect to an action to be taken...
Section 450.1461 - Voting Agreements Between Shareholders. - Sec. 461. An agreement between 2 or more shareholders, if...
Section 450.1463 - Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997. - Compiler's Notes: The repealed section pertained to management provision in...
Section 450.1466 - Voting Trust Agreement; Certificates. - Sec. 466. A shareholder may confer upon a trustee the...
Section 450.1467 - Responsibility of Voting Trustee; Determination of Right to Vote and Manner of Voting. - Sec. 467. (1) A trustee who votes shares subject to...
Section 450.1468 - Extending Duration of Voting Trust Agreement. - Sec. 468. (1) At any time within 12 months before...
Section 450.1471 - Shares as Personal Property; Shares Transferable. - Sec. 471. The shares of a corporation are personal property...
Section 450.1472 - Restriction on Transfer or Registration of Transfer of Bond or Share; Imposition; Enforcement. - Sec. 472. (1) A restriction on the transfer or registration...
Section 450.1473 - Permissible Restrictions on Transfer or Registration of Transfer of Bonds or Shares. - Sec. 473. In particular and without limitation of the generality...
Section 450.1481 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to preemptive rights.
Section 450.1485 - Corporate Books, Records, and Minutes. - Sec. 485. A corporation shall keep books and records of...
Section 450.1487 - Request for Balance Sheet, Statement of Income, and Statement of Source and Application of Funds; Inspection of Records; Court Order; Definition; Holder of Voting Trust Certificate Deemed Shareholder. - Sec. 487. (1) Upon written request of a shareholder, a...
Section 450.1488 - Shareholder Agreement. - Sec. 488. (1) An agreement among the shareholders of a...
Section 450.1489 - Action by Shareholder. - Sec. 489. (1) A shareholder may bring an action in...
Section 450.1491 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to parties and complaint...
Section 450.1491a - Definitions. - Sec. 491a. As used in this section and sections 492a...
Section 450.1492 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to discontinuance, compromise, or...
Section 450.1492a - Commencement of Derivative Proceeding by Shareholder; Criteria. - Sec. 492a. A shareholder may not commence or maintain a...
Section 450.1493 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989. - Compiler's Notes: The repealed section pertained to expenses of derivative...
Section 450.1493a - Commencement of Derivative Proceeding by Shareholder; Criteria. - Sec. 493a. A shareholder may not commence a derivative proceeding...
Section 450.1494 - Stay of Derivative Proceeding; Condition. - Sec. 494. If the corporation commences an investigation of the...
Section 450.1495 - Dismissal of Derivative Proceeding; Determination. - Sec. 495. (1) The court shall dismiss a derivative proceeding...
Section 450.1496 - Discontinuance or Settlement of Derivative Proceeding; Judicial Approval; Notice; Expense. - Sec. 496. A derivative proceeding may not be discontinued or...
Section 450.1497 - Termination of Derivative Proceeding; Order of Court. - Sec. 497. On termination of the derivative proceeding, the court...