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MI HB4313
Bill
Status
2/20/2024
Primary Sponsor
Betsy Coffia
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 following conversion requirements under section 746 of the Nonprofit Corporation Act, 1982 PA 162.
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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.
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Takes effect 90 days after enactment.
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Contingent on enactment of Senate Bill No. ____ or House Bill No. 4312 of the 102nd 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. TIE BAR WITH: HB 4312'23
State agencies (existing): licensing and regulatory affairs
Last Action
Referred To Committee On Local Government
2/21/2024