Michigan Laws 450.1301a – Amendment deleting reference to par value
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Terms Used In Michigan Laws 450.1301a
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
The board by resolution may adopt and file an amendment of the articles of incorporation deleting any reference to par value.