MCL - Section 485.6
Act 233 of 1875
485.6 Directors; quorum; selection of officers.
Sec. 6.
A majority of the directors shall be a board for the transaction of business. At the first meeting after their election, they may elect 1 of their number president, and appoint such other officers as the articles of association or by-laws require.
History: 1875, Act 233, Imd. Eff. May 4, 1875
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How. 3825
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CL 1897, 6701
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CL 1915, 8802
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CL 1929, 11737
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CL 1948, 485.6