Mich. Comp. Laws § 550.1312
Action for failure to perform duties; commencement.
Michigan · Michigan Compiled Laws — THE NONPROFIT HEALTH CARE CORPORATION REFORM ACT (Act 350 of 1980) · Status: effective
Cite this
- Citation
- Mich. Comp. Laws § 550.1312, Action for failure to perform duties; commencement, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1369124
- Permanent ID
ys:prov:1369124@1- SHA-256
57c28e4578052353dad3040925c21e55d5f09b99e88ff9576099219cf9a119d6
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
An action against a director or officer for failure to perform the duties imposed by this act shall be commenced within 3 years after the cause of action has accrued, or within 2 years after the time when the cause of action is discovered, or should reasonably have been discovered, by a person complaining of the failure to perform, whichever occurs sooner.