A bill to amend 1993 PA 23, entitled “Michigan limited liability company act,” by amending sections 105, 210, 211, and 1008 (MCL 450.4105, 450.4210, 450.4211, and 450.5008), sections 105 and 210 as amended by 2002 PA 686 and section 211 as amended by 2010 PA 290, and by adding section 210a.
Senate Bills 1085, 1086 and 1087 amend Michigan's Business Corporation Act to prohibit corporations from making political contributions or expenditures, with violations subject to dissolution or loss of business authority, thereby aiming to reduce corporate influence in state politics.
Co-sponsored by Sens.
Referred to the Committee on Elections and Ethics