Public Act 57 of 2001

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• Introduced by Sen. Willis Bullard (R) on February 13, 2001, to amend various provisions of the Business Corporations Act, which provides for the organization and regulation of corporations.
  • Referred to the Senate Financial Services Committee on February 13, 2001.
  • Substitute offered in the Senate on April 14, 2001, to adopt a version of the bill recommended by the committee which reported it to the full Senate. The substitute passed by voice vote in the Senate on April 14, 2001.
  • Amendment offered by Sen. Willis Bullard (R) on April 18, 2001, 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 in the Senate on April 18, 2001.
• Passed 35 to 0 in the Senate on April 18, 2001.
  Who Voted "Yes" and Who Voted "No"
• Received in the House on April 18, 2001.
  • Amendment offered in the House on June 19, 2001, 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 in the House on June 19, 2001.
  • Substitute offered by Rep. Jason Allen (R) on June 19, 2001, to adopt a version of the bill recommended by the committee which reported it to the full House. The substitute passed by voice vote in the House on June 19, 2001.
• Passed 105 to 0 in the House on June 26, 2001.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on June 26, 2001.
• Passed 34 to 0 in the Senate on July 10, 2001.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. John Engler on July 23, 2001.