Sec. 529. A corporation may agree by contract to submit a matter to a vote of its shareholders even if, after initially approving the matter, the board of directors later determines that it no longer recommends the matter or recommends against approval of the matter by the shareholders.
Submission of matter to shareholder vote.
Mich. Comp. Laws § 450.1529, under BUSINESS CORPORATION ACT.
Mich. Comp. Laws § 450.1529