307-1980-4 - ARTICLE 4 (491.400...491.472)
- Section 491.400 - Meetings of members generally.
- Section 491.402 - Meetings of members; notice; waiver.
- Section 491.404 - Record date for determination of members' rights.
- Section 491.406 - List of members entitled to vote at meeting; requirements; noncompliance; challenge; adjournment.
- Section 491.408 - Record of members entitled to vote at meeting; requirements.
- Section 491.410 - Quorum for meeting of members.
- Section 491.412 - Proxy.
- Section 491.414 - Inspectors; appointment; duties; report.
- Section 491.416 - Voting by members.
- Section 491.418 - Members voting as joint tenants, tenants in common, or fiduciaries.
- Section 491.420 - Shares of stock association as personal property; transfer.
- Section 491.422 - Transfer or registration of transfer of share or other security of stock association; restriction; enforcement.
- Section 491.424 - Stock association; no preference to existing members in issuance of shares, option rights, or securities having conversion or option rights.
- Section 491.426 - Books, records, and minutes at principal office; accounting in accordance with supervisory rules; reproduction and disposal of records.
- Section 491.428 - Examination of members' minutes or records by member of record of stock association; extracts; inspection of account records by depositor; limitation; furnishing list of members
- Section 491.430 - Communication by member with other members of association; request for statement as to number of members and for estimate of cost; certificate of supervisor; expenses of preparation
- Section 491.432 - Closing of books; annual publication of statement of condition; affidavit; public inspection of annual statements; certain associations not required to issue additional statement.
- Section 491.434 - Board of directors; designation by organizers; qualifications; election; number; term; resignation; meetings; minutes; calling of meeting by supervisor.
- Section 491.436 - Regular or special meetings of board; waiver of notice; participation by conference telephone or similar equipment.
- Section 491.438 - Official communication by supervisor.
- Section 491.440 - Classification of directors as to term expiration.
- Section 491.442 - Vacancy among directors.
- Section 491.444 - Quorum for directors' meeting; vote constituting action of board or committee; proposed amendments to bylaws.
- Section 491.446 - Written consent to action without board or committee meeting; filing; effect.
- Section 491.448 - Board committees; appointment of members.
- Section 491.450 - Committee; powers; prohibited authority.
- Section 491.452 - Officers of association; election or appointment; term; powers and duties.
- Section 491.454 - Removal or resignation of officer; contract rights.
- Section 491.456 - Bonding of officers, directors, and employees.
- Section 491.458 - Fiduciary relationship of directors and officers to association; conflict of interests; profits inuring to officer or director; disclosures; violation as misdemeanor; penalty; restri
- Section 491.460 - Indemnification of party to action or proceeding; presumptions.
- Section 491.462 - Indemnification of party to action by or in right of association; effect of negligence or misconduct.
- Section 491.464 - Indemnification against expenses actually and reasonably incurred; determination.
- Section 491.466 - Civil or criminal action or proceeding; payment of expenses in advance; undertaking.
- Section 491.468 - Validity of provision to indemnify director or officer in action or proceeding; right of indemnification by contract or otherwise by law; continuation of indemnification.
- Section 491.470 - Insurance against liability.
- Section 491.472 - Meaning of “association” in MCL 491.460 to 491.470.