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MI HB4403

Bill

Official Source

Status

Introduced

3/19/2019

Primary Sponsor

Bronna Kahle

Click for details

Origin

House of Representatives

100th Legislature

AI Summary

  • Amends Section 209 of the Nonprofit Corporation Act (1982 PA 162) to modify provisions regarding articles of incorporation for nonprofit corporations.

  • Modifies language in subsection (1)(e) regarding corporate assumption of liability for volunteer directors, officers, and other volunteers by replacing "are met" with "apply" and clarifying conditions for limited liability protection.

  • Removes reference to Section 3135 of the Insurance Code (MCL 500.3135) regarding motor vehicle tort liability in the conditions for volunteer liability protection.

  • Updates subsection (2) to specify that liability elimination provisions filed before January 15, 2015 are considered to meet current standards under subsection (1)(c).

  • Takes effect January 1, 2022, and is contingent on the enactment of House Bill 4397 or Senate Bill number not specified in the document.

Legislative Description

Businesses; nonprofit corporations; vicarious liability of nonprofit corporation for volunteers; revise to reflect elimination of no-fault insurance. Amends sec. 209 of 1982 PA 162 (MCL 450.2209). TIE BAR WITH: HB 4397'19

Insurance: no-fault

Last Action

Bill Electronically Reproduced 03/20/2019

3/20/2019

Committee Referrals

Insurance3/19/2019

Full Bill Text

No bill text available