Sec. 110.
(1) "Volunteer" means an individual who performs services for a corporation, other than services as a volunteer director, who does not receive compensation or any other type of consideration for the services other than reimbursement for expenses actually incurred.
(2) "Volunteer director" means a director who does not receive anything of more than nominal value from the corporation for serving as a director other than reasonable per diem compensation and reimbursement for actual, reasonable, and necessary expenses incurred by a director in his or her capacity as a director.
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. 2014, Act 557, Imd. Eff. Jan. 15, 2015
Structure Michigan Compiled Laws
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 450.2124 - Requirements of Other Acts Not Modified; Compliance; Inconsistency Between Acts.
Section 450.2129 - Supplementation, Alteration, Amendment, or Repeal of Act by Legislature.
Section 450.2132 - English Language; Signatures; Contents of Documents.
Section 450.2133 - Correction of Document; Certificate; Effective Date of Corrected Document.