Michigan § 485.207 - Directors; powers, election, term, officers, selection, term.

Full text of Michigan Michigan Compiled Laws § 485.207 — Directors; powers, election, term, officers, selection, term., with citation guidance and answers to common questions.

§ 485.207. Directors; powers, election, term, officers, selection, term.

Sec. 7.

The business and property of said company shall be managed by a board of directors of not less than 3 nor more than 9 directors, who, after the first year, shall be elected annually as the by-laws of said company shall direct; and public notice shall be given of the time and place of holding such election as the by-laws of said company may direct. Such board of directors, when elected, shall choose from their number a president, secretary and treasurer, who shall hold their respective offices for the term of 1 year, and such board of directors may appoint such other officers and agents as their articles of association or their by-laws may require, who shall hold their respective offices during the pleasure of the directors.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 485.207

What does Michigan Compiled Laws § 485.207 cover?

Section 485.207 ("Directors; powers, election, term, officers, selection, term.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 485.207?

A common citation format is "Michigan Compiled Laws § 485.207" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 485.207 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.