™Your Policy Risk Impact Agent
110 chapters · 499 sections in this title.
Mich. Comp. Laws § 390.706 Act declared public; non-user of privileges; misnomer in instrument.
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Sec. 6. This act shall be and hereby is declared to be a public act; no non-user of any of the privileges hereby granted to the said corporation shall create or produce a forfeiture of the same and no misnomer of said corporation in any deed, will, testament, gift, grant, demise …
Mich. Comp. Laws § 390.707 Breach of trustee's or officer's fiduciary duty; liability.
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Sec. 7. A volunteer trustee or a nontrustee volunteer who is an officer of the college has no personal liability to the college for monetary damages for a breach of the trustee's or officer's fiduciary duty. This provision does not eliminate or limit the liability of a trustee or…
Mich. Comp. Laws § 390.707a Volunteer trustee; liability for acts or omissions.
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Sec. 7a. During the time that the college is tax exempt under section 501(c)(3) of the internal revenue code, 26 USC 501, the college assumes all liability to any person other than the college for all acts or omissions of a volunteer trustee incurred in the good faith performance…
Mich. Comp. Laws § 390.707b Volunteer trustee or nontrustee volunteer; liability of college; conditions.
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Sec. 7b. The college assumes the liability for all acts or omissions of a person who is a volunteer trustee or nontrustee volunteer occurring on or after the effective date of the amendatory act that added this section if all of the following are met: (a) The person was acting or…