Michigan Compiled Laws
162-1982-1 - Chapter 1 (450.2101...450.2151)
Section 450.2109 - Definitions; S.

Sec. 109.
(1) "Shareholder" means a person that holds shares of a domestic corporation, foreign corporation, domestic business corporation, or foreign business corporation.
(2) "Shares" means the units into which interests of shareholders in a domestic corporation, foreign corporation, domestic business corporation, or foreign business corporation are divided.
(3) "Services in a learned profession" means services provided by a dentist, an osteopathic physician, a physician, a surgeon, a doctor of divinity or other clergy, or an attorney at law.
History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- 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Section 450.2122 - Statutory Reference to Repealed Act as Reference to This Act; Statutes Inapplicable to Domestic Corporation; Uniform Voidable Transactions Act Inapplicable to Distributions.

Section 450.2123 - Applicability to Corporation Formed Under Other Act Not Repealed by This Act; Organizations to Which Act Inapplicable.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