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2019 Michigan Compiled Laws
Chapter 486 - Water and Power Companies
Act 283 of 1905 Water Power Companies (486.201 - 486.216)
Section 486.206 Board of Directors; Majority Control.
Universal Citation: MI Comp L § 486.206 (2019)
486.206 Board of directors; majority control.
Sec. 6.
A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall bind the corporation.
History: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8925 ;-- CL 1929, 11860 ;-- CL 1948, 486.206
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