Sec. 1a.
As used in this act:
(a) "Board of trustees" means the board of trustees of Albion college created in section 1.
(b) "College" means Albion college, created in section 1.
(c) "Nontrustee volunteer" means an individual, other than a volunteer trustee, performing services for the college who does not receive compensation or any other type of consideration for the services other than reimbursement for expenses actually incurred.
(d) "Trustee" means a member of the board of trustees.
(e) "Volunteer trustee" means a trustee who does not receive anything of more than nominal value from the college for serving as a trustee other than reasonable per diem compensation and reimbursement for actual, reasonable, and necessary expenses incurred by a trustee in his or her capacity as a trustee.
History: Add. 2011, Act 220, Imd. Eff. Nov. 15, 2011
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 72 of 1857 - Albion College (390.701 - 390.708)
Section 390.701 - Albion College; Creation; Board of Trustees; Powers.
Section 390.701a - Definitions.
Section 390.702 - Board of Trustees; Membership; Term of Office; Limitation.
Section 390.702a - Repealed. 1972, Act 137, Imd. Eff. May 18, 1972.
Section 390.703 - Board of Trustees; Powers; Course of Study; Conferring of Degrees.
Section 390.704 - Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.
Section 390.705 - Powers of Corporation.
Section 390.705a - Board of Trustees; Custodians of Endowment Funds.
Section 390.706 - Act Declared Public; Non-User of Privileges; Misnomer in Instrument.
Section 390.707 - Breach of Trustee's or Officer's Fiduciary Duty; Liability.
Section 390.707a - Volunteer Trustee; Liability for Acts or Omissions.
Section 390.707b - Volunteer Trustee or Nontrustee Volunteer; Liability of College; Conditions.
Section 390.708 - Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.