State Codes and Statutes
Statutes > Michigan > Chapter-450 > Act-162-of-1982 > 162-1982-11 > Section-450-3152NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982
450.3152 Board of directors; election or appointment other than by vote of membership.
Sec. 1152.
Notwithstanding section 505, the bylaws of a cooperative may provide for 1/3 or less of the board of directors to be elected or appointed other than by a vote of the membership.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985