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
Michigan Legal Code