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Mich. Comp. Laws § 450.2302

Corporation organized upon nonstock basis.

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

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Mich. Comp. Laws § 450.2302, Corporation organized upon nonstock basis, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363896
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A corporation shall be organized upon a stock or nonstock basis. A corporation organized upon a nonstock basis shall be organized upon a membership basis or a directorship basis.