2005 House Bill 5317 / 2006 Public Act 64

Revise corporation articles amendment process

Introduced in the House

Oct. 18, 2005

Introduced by Rep. Bill Huizenga (R-90)

To require any amendments to a corporation’s articles of incorporation to be proposed by the corporation’s board of directors (rather than a shareholder).

Referred to the Committee on Commerce

Nov. 8, 2005

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Nov. 30, 2005

Passed in the House 106 to 0 (details)

Received in the Senate

Dec. 1, 2005

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

Feb. 28, 2006

Reported without amendment

With the recommendation that the bill pass.

March 2, 2006

Passed in the Senate 34 to 0 (details)

To require any amendments to a corporation’s articles of incorporation to be proposed by the corporation’s board of directors (rather than a shareholder).

Signed by Gov. Jennifer Granholm

March 16, 2006