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MI HB5863
Bill
Status
6/30/2022
Primary Sponsor
John Roth
Click for details
AI Summary
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Allows summer resort associations formed under 1897 PA 230 to convert into domestic nonprofit corporations by satisfying requirements under section 746 of the Nonprofit Corporation Act, 1982 PA 162 (MCL 450.2746)
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Defines "domestic nonprofit corporation" as a domestic corporation as defined in section 106 of the Nonprofit Corporation Act, 1982 PA 162 (MCL 450.2106)
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Takes effect 90 days after enactment into law
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Contingent on enactment of Senate Bill No. ____ or House Bill No. 5864 (request no. 05017'21) of the 101st Legislature
Legislative Description
Businesses: associations; conversion of summer resort associations into nonprofit corporations; authorize. Amends 1897 PA 230 (MCL 455.1 - 455.24) by adding sec. 19.
State agencies (existing): licensing and regulatory affairs
Last Action
Referred To Committee On Economic And Small Business Development
9/7/2022