Michigan Compiled Laws
162-1982-1 - Chapter 1 (450.2101...450.2151)
Section 450.2108 - Definitions; M to P.

Sec. 108.
(1) "Member" means a person that has a membership in a corporation in accordance with the provisions of its articles of incorporation or bylaws.
(2) "Nonprofit corporation" means a corporation incorporated to carry out any lawful purpose or purposes that does not involve pecuniary profit or gain for its directors, officers, shareholders, or members.
(3) "Person" means an individual, a partnership, a domestic corporation, a domestic business corporation, a foreign corporation, a foreign business corporation, a limited liability company, or any other association, corporation, trust, or legal entity.
(4) "Predecessor act" means an act or part of an act repealed by this act, or an act or part of an act repealed by an act that this act repeals.
(5) "Private foundation" means a tax exempt corporation described in section 501(c)(3) of the internal revenue code of 1986, 26 USC 501, that is classified as a private foundation under section 509(a) of the internal revenue code of 1986, 26 USC 509.
History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 1987, Act 170, Eff. Jan. 1, 1988 ;-- Am. 1990, Act 39, Imd. Eff. Mar. 29, 1990 ;-- Am. 1993, Act 129, Imd. Eff. July 22, 1993 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015

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Section 450.2122 - Statutory Reference to Repealed Act as Reference to This Act; Statutes Inapplicable to Domestic Corporation; Uniform Voidable Transactions Act Inapplicable to Distributions.

Section 450.2123 - Applicability to Corporation Formed Under Other Act Not Repealed by This Act; Organizations to Which Act Inapplicable.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