Loading chat...
MI HB4977
Bill
Status
3/5/2024
Primary Sponsor
Pat Outman
Click for details
AI Summary
-
Allows associations formed under 1889 PA 39 (summer homes, camp-meetings, and assembly associations) to convert into domestic nonprofit corporations under the Nonprofit Corporation Act procedures in MCL 450.2746
-
Defines "domestic nonprofit corporation" as a domestic corporation under the Nonprofit Corporation Act, 1982 PA 162, MCL 450.2106
-
Takes effect 90 days after enactment into law
-
Conditional on enactment of either Senate Bill No. ____ or House Bill No. 4978 (tied legislation)
Legislative Description
Businesses: nonprofit corporations; conversion of summer resort and assembly associations into domestic nonprofit corporations; authorize. Amends 1889 PA 39 (MCL 455.51 - 455.72) by adding sec. 12a. TIE BAR WITH: HB 4978'23
State agencies (existing): licensing and regulatory affairs
Last Action
Referred To Committee On Regulatory Affairs
3/6/2024