2024 House Bill 5472

Businesses: business corporations; business corporation act; amend to reflect amendments to the public health code.

A bill to amend 1972 PA 284, entitled “Business corporation act,” by amending section 213 (MCL 450.1213), as amended by 2001 PA 276.

AI Analysis – Experimental

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 in the House

Feb. 22, 2024

Introduced by Rep. Josh Schriver (R-66)

Referred to the Committee on Government Operations