Mich. Comp. Laws § 450.2713
Subsidiary corporation as constituent corporation in merger; approval of shareholders or members.
Michigan · Michigan Compiled Laws — NONPROFIT CORPORATION ACT (Act 162 of 1982) · Status: effective
Cite this
- Citation
- Mich. Comp. Laws § 450.2713, Subsidiary corporation as constituent corporation in merger; approval of shareholders or members, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1364035
- Permanent ID
ys:prov:1364035@1- SHA-256
8a91b164766abf8b30e94a77a30781d21bd6b1dd5877d09f3583e5aeb78394fd
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) A subsidiary corporation that is a constituent corporation in a merger under section 711 shall obtain the approval of its shareholders or members in accordance with the applicable provisions of section 703a.
(2) A parent corporation shall obtain approval of its shareholders or members for a merger under section 711 if either of the following applies:
(a) Its articles of incorporation require shareholder or member approval of the merger.
(b) Pursuant to section 703a, the plan of merger contains a provision that would amend any part of the articles of incorporation of the parent corporation into which a subsidiary corporation is being merged, or a subsidiary corporation is to be the surviving corporation of the merger.