Terms Used In Michigan Laws 500.1751

  • Director: means , unless the context clearly implies a different meaning, the director of the department. See Michigan Laws 500.102
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  This chapter does not prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law. However, this chapter does not limit the director‘s authority, or the rights or obligations of third parties, under chapter 2.