Sec. 651.
Before the effective date of an amendment to the articles of incorporation for which shareholder, member, or director approval is required by this act, the amendment may be abandoned pursuant to provisions therefor, if any, set forth in the resolution of the shareholders, members, or directors approving the amendment. If a certificate of amendment has been filed by the corporation, it shall file a certificate of abandonment, but not later than the proposed effective date within 10 days after the abandonment.
History: 1982, Act 162, Eff. Jan. 1, 1983
Structure Michigan Compiled Laws
Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)
162-1982-6 - Chapter 6 (450.2601...450.2651)
Section 450.2601 - Amendment of Articles of Incorporation; Contents.
Section 450.2602 - Amendment of Articles of Incorporation; Purposes.
Section 450.2615 - Voting as Class on Proposed Amendment.
Section 450.2631 - Certificate of Amendment; Signing and Execution; Filing; Contents.
Section 450.2643 - Restated Articles of Incorporation; Signing, Filing, and Executing; Effect.