Mich. Comp. Laws § 450.1501
Current through Public Act 48 of the 2024 Legislative Session
The business and affairs of a corporation shall be managed by or under the direction of its board, except as otherwise provided in this act or in its articles of incorporation. A director need not be a shareholder of the corporation unless the articles or bylaws so require. The articles or bylaws may prescribe qualifications for directors.
MCL 450.1501