Michigan Laws 125.2619 – Board of directors; quorum
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Terms Used In Michigan Laws 125.2619
- Board: means the board of directors of an enterprise community development corporation. See Michigan Laws 125.2605
- Municipality: means a county, city, village, or township. See Michigan Laws 125.2605
- Quorum: The number of legislators that must be present to do business.
The number of board members required to make a quorum for the transaction of corporation business shall be prescribed by an ordinance of the municipality.