SB984 — Businesses: business corporations; applicability of the business corporation act; modify. Amends sec. 123 of 1972 PA 284 (MCL 450.1123).

SB984 — Businesses: business corporations; applicability of the business corporation act; modify. Amends sec. 123 of 1972 PA 284 (MCL 450.1123). · Informed CitizenryThis bill amends the Business Corporation Act (1972 PA 284) to clarify which entities are subject to the act. Specifically, it states that the act applies to deposit and security companies, summer…Open in Informed Citizenry