Michigan § 450.2141 - Taking action without notice and without lapse of prescribed period of time; waiver.
Full text of Michigan Michigan Compiled Laws § 450.2141 — Taking action without notice and without lapse of prescribed period of time; waiver., with citation guidance and answers to common questions.
§ 450.2141. Taking action without notice and without lapse of prescribed period of time; waiver.
If, under this act or the articles of incorporation or bylaws of a corporation or by the terms of an agreement or instrument, a corporation or the board or any committee of the board may take action after notice to any person or after lapse of a prescribed period of time, the action may be taken without notice and without lapse of the period of time, if at any time before or after the action is completed the person entitled to notice or to participate in the action to be taken or, in case of a shareholder or member, by his or her attorney-in-fact, submits a signed waiver or a waiver by electronic transmission of the requirements.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.2141
What does Michigan Compiled Laws § 450.2141 cover?
Section 450.2141 ("Taking action without notice and without lapse of prescribed period of time; waiver.") 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 § 450.2141?
A common citation format is "Michigan Compiled Laws § 450.2141" (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 § 450.2141 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.