Who regulates non profit organizations in Michigan?

Prepare and File Articles of Incorporation Agency:Michigan Department of Licensing and Regulatory Affairs (LARA) - Bureau of Corporations, Securities & Commercial Licensing - Corporations Division Law: Michigan Compiled Laws (MCL) - Chapter 450: Corporations - Act 162 of 1982: Nonprofit Corporations Act6 more rows

US Legal Forms
Bylaws for Corporation

Sample Bylaws For Nonprofit With Members In Michigan

Q: How do I incorporate my business in Michigan?

To start a corporation in Michigan, you&#039;ll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Department of Licensing and Regulatory Affairs (LARA). You can file this document online, by mail or in person.

Category:

Corporations - Bylaws

State:

Multi-State

Control #:

US-00444

Format:

Instant download

Description

The Sample Bylaws for Nonprofit with Members in Michigan provide a framework for governing a nonprofit organization, detailing the structure, duties, and operating procedures of the organization. Key features include the specification of the corporation's name and office location, provisions for annual and special meetings of shareholders, and rules regarding the Board of Directors' powers, elections, and meetings. Specific filling and editing instructions include the replacement of placeholders with the organization's unique information, ensuring compliance with Michigan statutes governing nonprofits. The document also outlines requirements for reviewing or amending bylaws, conducting votes, and maintaining transparent records of shareholders. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in nonprofit formation and compliance, as it provides them with a solid legal foundation to ensure proper governance. It aids in clarifying responsibilities and processes within the organization, promoting accountability and orderly administration.

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FAQ

Michigan Nonprofit State Requirements Step 1: Pick a Name. Step 2: Determine the Incorporator and Registered Agent. Step 3: Establish a Board of Directors. Step 4: Develop Bylaws and a Conflict of Interest Policy. Step 5: File Articles of Incorporation. Step 6: Request a Federal EIN. Step 7: Apply for Federal Tax Exemption.

To start a corporation in Michigan, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Department of Licensing and Regulatory Affairs (LARA). You can file this document online, by mail or in person.

Corporate bylaws are required in Michigan. ing to MI Comp L § 450.1231, “the initial bylaws of a corporation shall be adopted” at the first organizational meeting following incorporation. In other words, bylaws are legally necessary to form a corporation in Michigan.

The state of Michigan and the IRS require nonprofits to have a minimum of three directors. On the other hand, it is recommended that nonprofits have anywhere between three to twenty-five board members, depending on size and scope.

Prepare and File Articles of Incorporation Agency:Michigan Department of Licensing and Regulatory Affairs (LARA) - Bureau of Corporations, Securities & Commercial Licensing - Corporations Division Law: Michigan Compiled Laws (MCL) - Chapter 450: Corporations - Act 162 of 1982: Nonprofit Corporations Act6 more rows

(b) The board of a corporation that is not described in subdivision (a) shall consist of 3 or more directors.

How to Start a Nonprofit Select a name for your nonprofit. Nominate a Michigan registered agent. Select/recruit board members. Bylaws and conflict of interest policy. Choose startup corporation structure. Prepare and file nonprofit Articles of Incorporation. Secure an EIN (Employer Identification Number)