2006 Michigan Compiled Laws - Mich. Comp. Laws § 450.2413 Making and certifying list of shareholders or members entitled to vote at meeting or adjournment; noncompliance; adjournment of meeting; validity of action taken.
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Act 162 of 1982 450.2413 Making and certifying list of shareholders or members entitled to vote at meeting or adjournment; noncompliance; adjournment of meeting; validity of action taken. Sec. 413. (1) The officer or agent having charge of the shareholder or membership records of a corporation shall make and certify a complete list of the shareholders or members entitled to vote at a shareholders' or members' meeting or any adjournment thereof. The list shall: (a) Be arranged alphabetically within each class with the address of each member or shareholder and the number of shares held by each shareholder. (b) Be produced at the time and place of the meeting. (c) Be subject to inspection by any shareholder or member during the whole time of the meeting. (d) Be prima facie evidence as to who are the shareholders or members entitled to examine the list or to vote at the meeting. (2) If the requirements of this section have not been complied with, on demand of a shareholder or member in person or by proxy, who in good faith challenges the existence of sufficient votes to carry any action at the meeting, the meeting shall be adjourned until the requirements are complied with. Failure to comply with the requirements of this section does not affect the validity of an action taken at the meeting before the making of such a demand.
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