Sec. 203.
By action of its board of directors, a health care corporation may integrate into a single instrument the provisions of its articles of incorporation which are then in effect and operative, as theretofore amended. If the restated articles restate and integrate and also further amend the articles, they shall also be adopted by the board of directors. Any amendment or restatement of the articles shall be subject to review, approval, or both, as provided in section 202(3) or 701, as applicable.
History: 1980, Act 350, Eff. Apr. 3, 1981 Popular Name: Blue Cross-Blue ShieldPopular Name: Act 350
Structure Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 350 of 1980 - The Nonprofit Health Care Corporation Reform Act (550.1101 - 550.1704)
350-1980-2 - Part 2 (550.1201...550.1220)
Section 550.1201a - Formation of Health Care Corporation After January 1, 2014; Prohibition.
Section 550.1203 - Amendment or Restatement of Articles; Review; Approval.
Section 550.1204a - Unimpaired Surplus.
Section 550.1205 - Repealed. 2003, Act 59, Eff. July 23, 2003.
Section 550.1205a - Actuarial Practices and Accounting Principles; Financial Report.
Section 550.1208 - Action by Member; Complaint.
Section 550.1209 - Action by Member; Discontinuance, Compromise, or Settlement; Notice; Expense.
Section 550.1210 - Action by Member; Reasonable Expenses; Attorney's Fees.
Section 550.1212 - Action Without Notice or Lapse of Time Periods; Waiver; Attorney-in-Fact.
Section 550.1213 - Indemnification.
Section 550.1214 - Rate of Interest.
Section 550.1216, 550.1217 - Repealed. 2002, Act 559, Imd. Eff. Sept. 27, 2002.
Section 550.1218 - Health Care Corporation; Prohibited Actions.
Section 550.1219 - Provisions Superseded.
Section 550.1220 - Merger of Health Care Corporation With Nonprofit Mutual Disability Insurer.