Michigan Code § 450.3125

Adoption of Initial Bylaws; Ratification or Amendment; Contents of Bylaws.
Open in Lexace · Ask the AI about this section
Sec. 1125.
(1) Notwithstanding section 231, the initial bylaws of a cooperative may be adopted by the incorporators, the board, or the members. If initial bylaws are adopted by the incorporators or the board, at the first meeting of members the bylaws shall be submitted to the members for ratification or amendment.
(2) Bylaws may contain provisions for educational programs for directors, members, employees, patrons, prospective members, and the community and provisions for cooperative relations with cooperatives and unincorporated cooperatives.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985

‹ Prev All Michigan sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.