Section 550.363 - Dental care corporation; board of directors; membership, qualifications. - Michigan Statutes

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Statutes > Michigan > Chapter-550 > Act-125-of-1963 > Section-550-363

NONPROFIT DENTAL CARE CORPORATIONS (EXCERPT)
Act 125 of 1963

550.363 Dental care corporation; board of directors; membership, qualifications.

Sec. 13.

The board of directors of a dental care corporation shall consist of not more than 25 members and shall have representation from the general public and from among the various classes of subscribers enumerated in section 19 of this act and from the Michigan state dental association or its successor, but at least 40 per cent and not more than 60% of the directors shall be duly licensed dentists who are approved by the Michigan state dental association or its successor.

History: 1963, Act 125, Eff. Sept. 6, 1963
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.

State Codes and Statutes

Statutes > Michigan > Chapter-550 > Act-125-of-1963 > Section-550-363

NONPROFIT DENTAL CARE CORPORATIONS (EXCERPT)
Act 125 of 1963

550.363 Dental care corporation; board of directors; membership, qualifications.

Sec. 13.

The board of directors of a dental care corporation shall consist of not more than 25 members and shall have representation from the general public and from among the various classes of subscribers enumerated in section 19 of this act and from the Michigan state dental association or its successor, but at least 40 per cent and not more than 60% of the directors shall be duly licensed dentists who are approved by the Michigan state dental association or its successor.

History: 1963, Act 125, Eff. Sept. 6, 1963
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.

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State Codes and Statutes

Statutes > Michigan > Chapter-550 > Act-125-of-1963 > Section-550-363

NONPROFIT DENTAL CARE CORPORATIONS (EXCERPT)
Act 125 of 1963

550.363 Dental care corporation; board of directors; membership, qualifications.

Sec. 13.

The board of directors of a dental care corporation shall consist of not more than 25 members and shall have representation from the general public and from among the various classes of subscribers enumerated in section 19 of this act and from the Michigan state dental association or its successor, but at least 40 per cent and not more than 60% of the directors shall be duly licensed dentists who are approved by the Michigan state dental association or its successor.

History: 1963, Act 125, Eff. Sept. 6, 1963
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.