There Is a Newer Version
of
the Michigan Compiled Laws
2011 Michigan Compiled Laws
Chapter 125 — PLANNING, HOUSING, AND ZONING
Act 75 of 1995 — EMPOWERMENT ZONE DEVELOPMENT CORPORATION ACT (125.2561 - 125.2591)
Section 125.2577 — Disclosure of interest in matter before corporation.
Universal Citation:
MI Comp L § 125.2577 (1996 through Reg Sess)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
EMPOWERMENT ZONE DEVELOPMENT CORPORATION ACT (EXCERPT)
Act 75 of 1995
125.2577 Disclosure of interest in matter before corporation.
Sec. 17.
A director who has either a direct or indirect interest in a matter before the corporation shall disclose that interest before the corporation takes action on the matter. This disclosure shall be made a part of the record of the corporation's official proceedings and the interested director shall refrain from participation in the corporation relating to the matter.
History: 1995, Act 75, Imd. Eff. June 13, 1995
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
