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MI HB5472
Bill
Status
2/22/2024
Primary Sponsor
Josh Schriver
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AI Summary
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Amends section 213 of the Business Corporation Act (1972 PA 284) regarding corporate naming restrictions for corporations formed under Michigan law
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Corrects a citation reference from "Stat. 133" to "Stat 133" in the provision addressing banking, insurance, surety, and trust company naming restrictions
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Updates the reference to the nursing home licensing provisions in the Public Health Code from MCL 333.20101 to 333.22260 to MCL 333.20101 to 333.22121
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Preserves existing restrictions on nursing home corporations using terms like "health center," "health care center," or "rehabilitation center" provided they do not conflict with Public Health Code section 21712
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Takes effect only if Senate Bill (number unspecified) or House Bill 5477 is enacted into law
Legislative Description
Businesses: business corporations; business corporation act; amend to reflect amendments to the public health code. Amends sec. 213 of 1972 PA 284 (MCL 450.1213). TIE BAR WITH: HB 5477'24
Businesses: business corporations
Last Action
Bill Electronically Reproduced 02/22/2024
2/22/2024