Michigan § 125.2617 - Disclosure of interest in matter before corporation.
Full text of Michigan Michigan Compiled Laws § 125.2617 — Disclosure of interest in matter before corporation., with citation guidance and answers to common questions.
§ 125.2617. Disclosure of interest in matter before corporation.
A director who has either a direct or indirect interest in a matter before the corporation shall disclose that interest before the corporation takes action on the matter. This disclosure shall be made a part of the record of the corporation's official proceedings and the interested director shall refrain from participation in the corporation relating to the matter.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.2617
What does Michigan Compiled Laws § 125.2617 cover?
Section 125.2617 ("Disclosure of interest in matter before corporation.") 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 § 125.2617?
A common citation format is "Michigan Compiled Laws § 125.2617" (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 § 125.2617 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.