2006 Michigan Compiled Laws - Mich. Comp. Laws § 450.2556 Volunteer\'s acts or omissions; claim for monetary damages.

NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982


450.2556 Volunteer's acts or omissions; claim for monetary damages.

Sec. 556.

If the corporation's articles of incorporation contain a provision authorized under section 209(e), then a claim for monetary damages for a volunteer director, volunteer officer, or other volunteer's acts or omissions shall not be brought or maintained against a volunteer director, volunteer officer, or other volunteer. The claim shall be brought and maintained against the corporation.


History: Add. 1993, Act 129, Imd. Eff. July 22, 1993 ;-- Am. 1996, Act 457, Imd. Eff. Dec. 23, 1996



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