2006 Michigan Compiled Laws - CHAPTER 4 SHAREHOLDERS (450.1401...450.1497)

BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
Chapter 4
SHAREHOLDERS

DocumentDescription
Section 450.1401Meetings of shareholders; place.
Section 450.1402Annual meeting of shareholders.
Section 450.1403Special meeting of shareholders.
Section 450.1404Meetings of shareholders; notice; adjournment; result of shareholder's attendance at meeting.
Section 450.1405Participating in meeting of shareholders by conference telephone or remote communications.
Section 450.1406Meeting of shareholders; duties of chairperson.
Section 450.1406aElectronic transmission as notice; consent.
Section 450.1407Corporate action without meeting of shareholders.
Section 450.1411Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1412Fixing record dates for certain purposes.
Section 450.1413List of shareholders entitled to vote.
Section 450.1415Shareholder meeting; quorum.
Section 450.1421Proxy; expiration; means; use of reproduction of writing or transmission; revocability; incompetence or death of shareholder.
Section 450.1422Irrevocable proxy.
Section 450.1423Revocable proxy.
Section 450.1431Inspectors at shareholders' meetings.
Section 450.1432Procedure recognizing beneficial owner of shares as shareholder.
Section 450.1441Voting by shareholders.
Section 450.1442Voting as a class or series.
Section 450.1444Voting shares standing in name of another corporation; voting pledged shares.
Section 450.1445Voting shares held by representatives or fiduciaries.
Section 450.1446Voting by joint tenants or tenants in common.
Section 450.1447Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1447aVoting shares owned by second corporation.
Section 450.1448Voting of redeemable shares.
Section 450.1451Cumulative voting.
Section 450.1455Articles control where voting requirements exceed those of act.
Section 450.1461Voting agreements between shareholders.
Section 450.1463Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
Section 450.1466Voting trust agreement; certificates.
Section 450.1467Responsibility of voting trustee; determination of right to vote and manner of voting.
Section 450.1468Extending duration of voting trust agreement.
Section 450.1471Shares as personal property; shares transferable.
Section 450.1472Restriction on transfer or registration of transfer of bond or share; imposition; enforcement.
Section 450.1473Permissible restrictions on transfer or registration of transfer of bonds or shares.
Section 450.1481Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1485Corporate books, records, and minutes.
Section 450.1487Request for balance sheet, statement of income, and statement of source and application of funds; inspection of records; court order; definition; holder of voting trust certificate deemed shareholder.
Section 450.1488Shareholder agreement.
Section 450.1489Action by shareholder.
Section 450.1491Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1491aDefinitions.
Section 450.1492Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1492aCommencement of derivative proceeding by shareholder; criteria.
Section 450.1493Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1493aCommencement of derivative proceeding by shareholder; criteria.
Section 450.1494Stay of derivative proceeding; condition.
Section 450.1495Dismissal of derivative proceeding; determination.
Section 450.1496Discontinuance or settlement of derivative proceeding; judicial approval; notice; expense.
Section 450.1497Termination of derivative proceeding; order of court.

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