Sec. 19.
The number of board members required to make a quorum for the transaction of corporation business shall be prescribed by an ordinance of the municipality.
History: 1995, Act 123, Imd. Eff. June 30, 1995
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 123 of 1995 - Enterprise Community Development Corporation Act (125.2601 - 125.2631)
Section 125.2601 - Short Title.
Section 125.2603 - Legislative Findings.
Section 125.2605 - Definitions.
Section 125.2609 - Articles of Incorporation; Filing; Validity.
Section 125.2611 - Incorporation of More Than 1 Corporation Prohibited.
Section 125.2617 - Disclosure of Interest in Matter Before Corporation.
Section 125.2619 - Board of Directors; Quorum.
Section 125.2621 - Corporation; Powers and Duties.
Section 125.2623 - Corporation; Dissolution.
Section 125.2625 - Imposition of Sanctions; Basis; Approval.
Section 125.2629 - Construction of Act.
Section 125.2631 - Authority of Act in Addition to Power of Municipality.