Check out this piece on changes to Michigan’s Nonprofit Corporation Act!!!

Take a look at this article detailing the recent changes to the Nonprofit Corporation Act. The amendments were made to reflect current nonprofit practices and also make the Act more closely parallel to the State’s Business Corporations Act. One of the new provisions expands nonprofit directors’ indemnification to include paid directors and protects all directors from liability for gross negligence. Under the new law, nonprofit directors only have liability for instances of intentional, self-serving actions or those made to intentionally hurt an organization. Click here to read the article!

Curious as to how these updates may affect you and your business? Contact C&G today!

P: (248) 395-3699 E:

*Please be sure to read the disclaimer section on our site!

Recent Posts

See All

BEWARE of the personal guarantee!

It is common for owners of new companies to be asked to sign a personal guarantee for anyone extending “credit”. Landlords, Suppliers, Financial Institutions and any other sources that may extend “cre

Corktown Office | 2020 14th Street, Suite 101, Detroit, MI 48216  |   (313) 752-0235

  • GLLG Facebook
  • GLLG Twitter
  • GLLG Instagram
  • GLLG LinkedIn
  • GLLG YouTube

Oakland County Office | One Towne Square, Ste 1835, Southfield, MI 48076  |   (248) 717-7777

© 2020 by Great Lakes Legal Group, PLLC