Michigan Laws 500.8171 – Waiver of society’s laws
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 500.8171
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Laws: means the society's articles of incorporation, constitution, and bylaws, however designated. See Michigan Laws 500.8161
A society’s laws may provide that a subordinate body and its subordinate officers or members shall not have the power or authority to waive any of the provisions of the society’s laws and shall be binding on the society and every member and beneficiary of a member.