Michigan § 450.2415 - Quorum; continuing conduct of business if less than quorum; adjournment of meeting; shareholders entitled to vote separately.

Full text of Michigan Michigan Compiled Laws § 450.2415 — Quorum; continuing conduct of business if less than quorum; adjournment of meeting; shareholders entitled to vote separately., with citation guidance and answers to common questions.

§ 450.2415. Quorum; continuing conduct of business if less than quorum; adjournment of meeting; shareholders entitled to vote separately.

Sec. 415.

(1) Unless a greater or lesser quorum is provided in the articles of incorporation, in a bylaw adopted by the shareholders, members, or incorporators, or in this act, shares or members entitled to cast a majority of the votes at a meeting constitute a quorum at the meeting. If the withdrawal of shareholders or members leaves less than a quorum before adjournment, the remaining shareholders or members present in person or by proxy at the meeting may continue to do business until adjournment. Whether or not a quorum is present, a meeting may be adjourned by a vote of the shareholders or members present.

(2) If the holders of a class of shares or members of a class are entitled to vote separately on an item of business, this section applies in determining the presence of a quorum of the class for transaction of the item of business.

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

Frequently Asked Questions About Michigan § 450.2415

What does Michigan Compiled Laws § 450.2415 cover?

Section 450.2415 ("Quorum; continuing conduct of business if less than quorum; adjournment of meeting; shareholders entitled to vote separately.") 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 § 450.2415?

A common citation format is "Michigan Compiled Laws § 450.2415" (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 § 450.2415 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.