Michigan Compiled Laws Complete Through PA 12 of 2025
MCL Complete Through PA 12 of 2025
Senate adjourned until Wednesday, September 3, 2025 10:00 AM
Senate adjourned until 09/3/25 10:00 AM
House adjourned until Wednesday, September 3, 2025 1:30 PM
House adjourned until 09/3/25 1:30 PM
Document - Section 550.1306
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Section 550.1306
Effect of common directorship, officership, or interest on validity of contract or other transaction; burden of establishing validity of contract; exclusion of common or interested directors in determination of quorum; compensation of directors; bylaws regarding conflict of interest.