Mich. Comp. Laws § 450.2110

Definitions; V.

Michigan · Michigan Compiled Laws — NONPROFIT CORPORATION ACT (Act 162 of 1982) · Status: effective

Cite this

Citation: Mich. Comp. Laws § 450.2110, Definitions; V, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363859
Permanent ID: ys:prov:1363859@1
SHA-256: d84cb6ac799a974bc05b885c05a0c9d1ec22de74bb93092710579f3a10a144f0

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) "Volunteer" means an individual who performs services for a corporation, other than services as a volunteer director, who does not receive compensation or any other type of consideration for the services other than reimbursement for expenses actually incurred. (2) "Volunteer director" means a director who does not receive anything of more than nominal value from the corporation for serving as a director other than reasonable per diem compensation and reimbursement for actual, reasonable, and necessary expenses incurred by a director in his or her capacity as a director.