Sec. 141.
When, under this act or the articles of incorporation or bylaws of a corporation or by the terms of an agreement or instrument, a corporation or the board or any committee of the board may take action after notice to any person or after lapse of a prescribed period of time, the action may be taken without notice and without lapse of the period of time, if at any time before or after the action is completed the person entitled to notice or to participate in the action to be taken or, in case of a shareholder, his or her attorney-in-fact, submits a signed waiver or a waiver by electronic transmission of the requirements.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 2001, Act 57, Imd. Eff. July 23, 2001
Structure Michigan Compiled Laws
Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)
284-1972-1 - Chapter 1 General Provisions (450.1101...450.1151)
Section 450.1101 - Short Title.
Section 450.1103 - Liberal Construction; Purposes and Policies of Act.
Section 450.1104 - Definitions Controlling Interpretation of Act.
Section 450.1105 - Definitions; A, B.
Section 450.1106 - Definitions; C to E.
Section 450.1107 - Definitions; F to I.
Section 450.1108 - Definitions; N to P.
Section 450.1109 - Definitions; S.
Section 450.1110 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1121 - Applicability of Act to Domestic and Foreign Corporations.
Section 450.1123 - Applicability of Act Generally.
Section 450.1125 - Applicability to Foreign Commerce, Interstate Commerce, and Federal Corporations.
Section 450.1127 - Applicability to Existing Corporations; Saving Clause.
Section 450.1129 - Amendment or Repeal of Act.
Section 450.1132 - Filed Documents; Language, Form, Execution, and Contents.
Section 450.1141 - Corporate Action Without Notice or Lapse of Prescribed Time Period.