Sec. 601.
(1) A corporation may amend its articles of incorporation if the amendment contains only provisions that might lawfully be contained in original articles of incorporation filed at the time of making the amendment.
(2) A corporation may amend its articles of incorporation to become a nonprofit corporation by adopting restated articles in accordance with section 641 which shall so amend the articles to contain only those provisions that might be lawfully contained in original articles of a nonprofit corporation formed under the nonprofit corporation act, Act No. 162 of the Public Acts of 1982, being sections 450.2101 to 450.3192 of the Michigan Compiled Laws. The amendment does not constitute a dissolution of the corporation.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
Structure Michigan Compiled Laws
Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)
284-1972-6 - Chapter 6 Amendments to Articles of Incorporation (450.1601...450.1651)
Section 450.1601 - General Power of Amendment.
Section 450.1602 - Specific Powers of Amendment.
Section 450.1611 - Articles of Incorporation; Amendment Procedure.
Section 450.1615 - Class Vote on Amendment.
Section 450.1621 - Dissent of Shareholder to Amendment; Payment to Dissenting Shareholder.
Section 450.1631 - Certificate of Amendment.
Section 450.1641 - Adoption of Restated Articles of Incorporation; Amendment.
Section 450.1642 - Designation and Contents of Restated Articles; Omission.
Section 450.1651 - Abandonment of Amendment; Certificate of Abandonment.