Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (MI) | Practical Law
A Standard Clause for the articles of incorporation of a Michigan corporation authorizing the board of directors to adopt, amend, or repeal bylaws (unless this right is reserved exclusively to the shareholders only) and requiring the affirmative vote of a supermajority of the shareholders to adopt, amend, or repeal bylaws. This Standard Clause has integrated notes with important explanations and drafting tips.