Section 450.1642 - Designation and contents of restated articles.
BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
450.1642 Designation and contents of restated articles.
Sec. 642.
Restated articles of incorporation shall be specifically designated as such in the heading thereof. They shall state, either in the heading or in an introductory paragraph, the corporation's present name, and, if it has been changed, all of its former names and the date of filing of its original articles. Restated articles shall state that they were duly adopted by the incorporators, the directors, or the shareholders in accordance with this section. If adopted by the incorporators, the restated articles shall state that they were duly adopted by unanimous consent of the incorporators before the first meeting of the board. If adopted by the board without a vote of the shareholders, the restated articles shall state that they only restate and integrate and do not further amend the articles as theretofore amended, and that there is no material discrepancy between those provisions and the provisions of the restated articles. Restated articles of incorporation may omit such provisions of the original articles which named the incorporators, the initial board, or original subscribers for shares, and the omission shall not be considered a further amendment.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1982, Act 407, Eff. Jan. 1, 1983