Michigan Compiled Laws
162-1982-1 - Chapter 1 (450.2101...450.2151)
Section 450.2103 - Construction and Application of Act.

Sec. 103.
This act shall be liberally construed and applied to promote its underlying purposes and policies which include all of the following:
(a) To simplify, clarify, and modernize the law governing nonprofit corporations.
(b) To provide a general corporate form for the conduct or promotion of lawful nonprofit activities or purposes, with any variations and modifications from the form as interested parties in any corporation may agree on, subject only to overriding interests of this state and of third parties.
History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 450 - Corporations

Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)

162-1982-1 - Chapter 1 (450.2101...450.2151)

Section 450.2101 - Short Title.

Section 450.2103 - Construction and Application of Act.

Section 450.2104 - Definitions Generally.

Section 450.2105 - Definitions; A, B.

Section 450.2106 - Definitions; C to E.

Section 450.2107 - Definitions; F.

Section 450.2108 - Definitions; M to P.

Section 450.2109 - Definitions; S.

Section 450.2110 - Definitions; V.

Section 450.2121 - Corporations to Which Act Applicable; Corporation Formed Under Predecessor Act.

Section 450.2122 - Statutory Reference to Repealed Act as Reference to This Act; Statutes Inapplicable to Domestic Corporation; Uniform Voidable Transactions Act Inapplicable to Distributions.

Section 450.2123 - Applicability to Corporation Formed Under Other Act Not Repealed by This Act; Organizations to Which Act Inapplicable.

Section 450.2124 - Requirements of Other Acts Not Modified; Compliance; Inconsistency Between Acts.

Section 450.2125 - Applicability to Commerce With Foreign Nations and Among Several States, and to Corporations Formed by Act of Congress.

Section 450.2127 - Effect of Act on Existing Corporation, Cause of Action, Liability, Penalty, Action, or Special Proceeding.

Section 450.2129 - Supplementation, Alteration, Amendment, or Repeal of Act by Legislature.

Section 450.2131 - Submission of Documents; Delivery; Endorsement; Indexing; Returning Copy or Original; Public Inspection; Maintenance of Records and Files; Reproductions; Effective Date of Document; Fees.

Section 450.2132 - English Language; Signatures; Contents of Documents.

Section 450.2133 - Correction of Document; Certificate; Effective Date of Corrected Document.

Section 450.2141 - Taking Action Without Notice and Without Lapse of Prescribed Period of Time; Waiver.

Section 450.2142 - Dispensing With Notice or Communication to Person With Whom Communication Unlawful; Affidavit, Certificate, or Other Instrument.

Section 450.2143 - Giving Notice or Communication by Mail; Electronic Transmission as Written Notice; Delivery of Notice or Documents to Common Address; Delivery of Notice to Resident Agent; "Address" Defined.

Section 450.2151 - Failure of Administrator to File Document Promptly; Notice of Failure to File; Posting Notice on Website or Sending by Mail or Electronic Mail Address; Refusal or Revocation of Authorization of Foreign Corporation to Conduct Affair...