A bill to amend 1972 PA 284, entitled “Business corporation act,” by amending section 213 (MCL 450.1213), as amended by 2001 PA 276.
The bill amends the Business Corporation Act to restrict certain corporations from using names that imply banking activities and allows licensed nursing homes to use specific health-related terms, contingent on the passage of related legislation.
Introduced
by
Referred to the Committee on Government Operations