| Section 450.1501 |
Section |
Management of corporation; qualifications of director. |
| Section 450.1505 |
Section |
Number, election, and term of directors; resignation; designation, compensation, and expenses of independent director; communication of independent director with shareholders. |
| Section 450.1506 |
Section |
Division of directors into classes; terms of directors in first, second, or third class; election. |
| Section 450.1511 |
Section |
Removal of directors by shareholders. |
| Section 450.1514 |
Section |
Removal of director by court. |
| Section 450.1515 |
Section |
Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1515a |
Section |
Filling vacancy in board. |
| Section 450.1521 |
Section |
Regular or special meetings of board. |
| Section 450.1523 |
Section |
Quorum; majority vote as constituting action of board. |
| Section 450.1525 |
Section |
Consent to action of board without meeting. |
| Section 450.1527 |
Section |
Committees; designation by board; membership; absence or disqualification of member; terms. |
| Section 450.1528 |
Section |
Committees; powers and authority; limitations; subcommittees. |
| Section 450.1529 |
Section |
Submission of matter to shareholder vote. |
| Section 450.1531 |
Section |
Officers of corporation; election or appointment; holding 2 or more offices; authority and duties. |
| Section 450.1535 |
Section |
Removal or resignation of officers; contract rights. |
| Section 450.1541 |
Section |
Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1541a |
Section |
Director or officer; manner of discharging duties; reliance on information, opinions, reports, or statements; action against director or officer; limitations. |
| Section 450.1545 |
Section |
Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1545a |
Section |
Interest of director or officer in transaction; compensation of directors. |
| Section 450.1546 |
Section |
Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1548 |
Section |
Loan, guaranty, or assistance by corporation to director, officer, or employee. |
| Section 450.1551 |
Section |
Liability of directors for corporate actions; liability of shareholders accepting or receiving share dividend or distribution. |
| Section 450.1552 |
Section |
Rights of director against whom claim is successfully asserted under MCL 450.1551. |
| Section 450.1553 |
Section |
Presumption of concurrence by director in corporation action; effect of dissent. |
| Section 450.1554 |
Section |
Action against director or shareholder; limitation. |
| Section 450.1561 |
Section |
Indemnification of certain persons generally. |
| Section 450.1562 |
Section |
Additional provisions for indemnification of certain persons. |
| Section 450.1563 |
Section |
Indemnification against actual and reasonable expenses. |
| Section 450.1564 |
Section |
Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1564a |
Section |
Indemnification under MCL 450.1561, MCL 450.1562, or MCL 450.1563; determination and evaluation; designation of committee or selection of independent legal counsel; partial indemnification; payment authorization; indemnification for expenses and liabilities. |
| Section 450.1564b |
Section |
Payment or reimbursement of party in advance of final disposition of proceeding; undertaking as unlimited general obligation; evaluation of reasonableness; advancement of expenses. |
| Section 450.1564c |
Section |
Application for indemnification to court; determination. |
| Section 450.1565 |
Section |
Limitation on total amount of expenses advanced or indemnified; duration of indemnification; elimination or impairment. |
| Section 450.1567 |
Section |
Liability insurance. |
| Section 450.1569 |
Section |
“Corporation” defined for purposes of MCL 450.1561 to 450.1567; "business organization" defined. |
| Section 450.1571 |
Section |
Definitions. |