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Mich. Comp. Laws § 450.1501

Management of corporation; qualifications of director.

Michigan · Michigan Compiled Laws — BUSINESS CORPORATION ACT (Act 284 of 1972) · Status: effective

Business & Commerce
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Mich. Comp. Laws § 450.1501, Management of corporation; qualifications of director, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363693
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The business and affairs of a corporation shall be managed by or under the direction of its board, except as otherwise provided in this act or in its articles of incorporation. A director need not be a shareholder of the corporation unless the articles or bylaws so require. The articles or bylaws may prescribe qualifications for directors.