Sec. 1145.
Notwithstanding section 611(4), 703a(2)(d), 753(4), or 804(6), unless the articles of incorporation provide for a higher vote for passage, amendment of the articles of incorporation, amendment of the bylaws that alters member voting rights or member capital, merger, disposition of all or substantially all of the assets of the corporation, or dissolution require approval by the affirmative vote of a majority of the votes cast by members that are eligible to vote on that matter, and if a class is eligible to vote on that matter as a class, the affirmative vote of a majority of the votes cast by members of that class. An action described in this section shall be taken at a meeting called according to the notice provisions of section 404.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
Structure Michigan Compiled Laws
Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)
162-1982-11 - Chapter 11 (450.3100...450.3192)
Section 450.3100 - Short Title.
Section 450.3101 - Applicability of Act and Chapter; Amendment of Articles or Bylaws; Exemption.
Section 450.3102 - Controlling Definitions.
Section 450.3103 - Definitions; C to F.
Section 450.3104 - Definitions; I to U.
Section 450.3107 - Inconsistent Provisions Inapplicable to Chapter.
Section 450.3121 - Articles of Incorporation; Requirement.
Section 450.3125 - Adoption of Initial Bylaws; Ratification or Amendment; Contents of Bylaws.
Section 450.3131 - Organization on Nonstock Membership Basis.
Section 450.3132 - Membership; Notice of Qualifications.
Section 450.3133 - Classification.
Section 450.3136 - Certificate; Issuance; Contents; Restrictions on Dividends.
Section 450.3137 - Nonvoting Investment Certificate or Bond.
Section 450.3138 - Advising Persons in Writing; Statement on Membership Certificate.
Section 450.3141 - Meetings; Petitions; Signatures; Quorum.
Section 450.3143 - Alternative Notice of Regular Meeting.
Section 450.3144 - Proxies; Voting by Mail Ballot, Referendum, or Electronic Transmission.
Section 450.3145 - Amendments; Affirmative Vote of Majority.
Section 450.3146 - Effective Date of Adopted Action; Confirmation Vote; Filing With Administrator.
Section 450.3147 - Dispute Resolution Body.
Section 450.3151 - Initial Board of Directors; Membership; Term.
Section 450.3152 - Board of Directors; Election or Appointment Other Than by Vote of Membership.
Section 450.3162 - Distribution of Assets Generally.