2001 Senate Bill 206 / Public Act 57

Introduced in the Senate

Feb. 13, 2001

Introduced by Sen. Willis Bullard (R-15)

To amend various provisions of the Business Corporations Act, which provides for the organization and regulation of corporations.

Referred to the Committee on Financial Services

April 14, 2001

Substitute offered

To adopt a version of the bill recommended by the committee which reported it to the full Senate.

The substitute passed by voice vote

April 18, 2001

Amendment offered by Sen. Willis Bullard (R-15)

To update certain references in the bill so they conform with current department and bureau names which have been changed due to executive reorganization.

The amendment passed by voice vote

Passed in the Senate 35 to 0 (details)

Received in the House

April 18, 2001

To amend various provisions of the Business Corporations Act, which provides for the organization and regulation of corporations.

June 19, 2001

Amendment offered

To delete a provision in the law which permits a shareholder to sue the directors of a corporation for acts which substantially interfere with the interests of the shareholder as a shareholder.

The amendment passed by voice vote

Substitute offered by Rep. Jason Allen (R-104)

To adopt a version of the bill recommended by the committee which reported it to the full House.

The substitute passed by voice vote

June 26, 2001

Passed in the House 105 to 0 (details)

Received in the Senate

June 26, 2001

To amend various provisions of the Business Corporations Act, which provides for the organization and regulation of corporations.

July 10, 2001

Passed in the Senate 34 to 0 (details)

Received in the House

July 10, 2001

Signed by Gov. John Engler

July 23, 2001