Mich. Comp. Laws § 450.1713
Merger of parent and subsidiary corporations; approval of shareholders.
Michigan · Michigan Compiled Laws — BUSINESS CORPORATION ACT (Act 284 of 1972) · Status: effective
Cite this
- Citation
- Mich. Comp. Laws § 450.1713, Merger of parent and subsidiary corporations; approval of shareholders, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363748
- Permanent ID
ys:prov:1363748@1- SHA-256
08b3493eed9342e0d01e1dbb6a28718f4aaa2b68e896f295edf5c2ff618b4065
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) Approval by shareholders of a subsidiary corporation shall be obtained pursuant to its articles of incorporation, if the articles require approval of a merger by the affirmative vote of holders of more than the percentage of the shares of any class or series of the corporation then owned by the parent corporation.
(2) Approval of the shareholders of the parent corporation shall be obtained in either of the following cases:
(a) If its articles require shareholder approval of the merger.
(b) Pursuant to section 703a, if the plan of merger contains a provision which would amend any part of the articles of the parent corporation into which a subsidiary corporation is being merged, or a subsidiary corporation is to be the surviving corporation.