Sec. 569.
For purposes of sections 561 to 567, "corporation" includes all constituent corporations absorbed in a consolidation or merger, any corporation converted into another business entity, and the resulting or surviving foreign or domestic corporation, foreign or domestic business corporation or other business entity, so that a person that is or was a director, officer, employee, nondirector volunteer, or agent of the constituent corporation or is or was serving at the request of the constituent corporation as a director, officer, partner, trustee, employee, nondirector volunteer, or agent of another foreign or domestic corporation, foreign or domestic business corporation, partnership, limited liability company, joint venture, trust, or other profit or nonprofit enterprise shall stand in the same position under the provisions of this section with respect to the resulting or surviving corporation or business corporation as the person would if the person had served the resulting or surviving corporation, business corporation, or other business entity in the same capacity.
History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 1987, Act 170, Eff. Jan. 1, 1988 ;-- Am. 1993, Act 129, Imd. Eff. July 22, 1993 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
Structure Michigan Compiled Laws
Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)
162-1982-5 - Chapter 5 (450.2501...450.2571)
Section 450.2501a - Board of Directors; Minimum Age; Requirements.
Section 450.2505 - Board; Number, Term, Election or Appointment, and Resignation of Directors.
Section 450.2506 - Dividing Directors Up to 5 Classes; Election or Appointment; Term; Expiration.
Section 450.2511 - Removal of Director; Vote.
Section 450.2514 - Removal of Director by Circuit Court.
Section 450.2515 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.
Section 450.2523 - Quorum; Vote Constituting Action of Board or Committee; Amendment of Bylaws.
Section 450.2525 - Taking Action Without Meeting; Consent.
Section 450.2529 - Submitting Matter to Vote.
Section 450.2545 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.
Section 450.2545a - Transaction in Which Director or Officer Has Interest.
Section 450.2546 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.
Section 450.2548 - Loan, Guaranty, or Assistance by Corporation for Officer or Employee.
Section 450.2552 - Rights of Director Against Whom Claim Successfully Asserted Under MCL 450.2551.
Section 450.2554 - Commencement of Action Under MCL 450.2551 or 450.2552.
Section 450.2556 - Volunteer's Acts or Omissions; Claim for Monetary Damages.
Section 450.2564 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.
Section 450.2569 - Scope of "Corporation" for Purposes of MCL 450.2561 to 450.2567.