Section 550.1208 - Action by member; complaint.
THE NONPROFIT HEALTH CARE CORPORATION REFORM ACT (EXCERPT)
Act 350 of 1980
550.1208 Action by member; complaint.
Sec. 208.
(1) An action may be brought in the right of a health care corporation to procure a judgment in its favor, by a member of the corporate body.
(2) In such an action, the complaint shall allege:
(a) That the plaintiff is a member of the corporate body at the time of bringing the action, and that he or she was a member of the corporate body at the time of the transaction of which he or she complains.
(b) With particularity, the effort of the plaintiff to secure the initiation of the action by the board or the reasons for not making the effort.
History: 1980, Act 350, Eff. Apr. 3, 1981
Popular Name: Blue Cross-Blue Shield
Popular Name: Act 350