Mich. Comp. Laws » Michigan Compiled Laws / Chapter 450 / Act 284 of 1972
Michigan Compiled Laws

Mich. Comp. Laws § 450.1493 (2026)

Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

✓ current as of July 2026
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BUSINESS CORPORATION ACT


Act 284 of 1972


450.1493 Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

    Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Compiler's Notes:

    The repealed section pertained to expenses of derivative action.

Notes of Decisions
Cited in 4 cases, 1978–2017 · leading case: Barnett v. Int'l Tennis Corp., 263 N.W.2d 908 (Mich. Ct. App. 1978).
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Barnett v. Int'l Tennis Corp., 263 N.W.2d 908 (Mich. Ct. App. 1978). “See MCLA 450.1493; MSA 21.200(493). Another issue raised by defendants is whether or not the trial court abused its discretion in denying defendants’ motion to tax their costs against plaintiff more than the ordinary witness fee for defendants’ expert witness.”
Moore v. Carney, 269 N.W.2d 614 (Mich. Ct. App. 1978). “Under the statute, MCL 450.1493(1); MSA 21.200(493)(1), attorney fees may be awarded if an action "brought in the right of the corporation is successful” and the corporation is thus benefited by the suit.”
Virginia M. Damon Trust v. North Country Fin. Corp., 325 F. Supp. 2d 817 (W.D. Mich. 2004). “§ 450.1493(a) thus began to run on September 17, 2003, and expired on December 16, 2003.”
Willner v. Syntel, Inc., 256 F. Supp. 3d 684 (E.D. Mich. 2017). · cites it 2× “, Mich. Comp. Laws § 450.1493 , but the statutes do not authorize an award of attorney fees for a benefit that results from a demand letter.”
— Mich. Comp. Laws § 450.1493(1) — 1 case
Moore v. Carney, 269 N.W.2d 614 (Mich. Ct. App. 1978). “Under the statute, MCL 450.1493(1); MSA 21.200(493)(1), attorney fees may be awarded if an action "brought in the right of the corporation is successful” and the corporation is thus benefited by the suit.”
— Mich. Comp. Laws § 450.1493(a) — 1 case
Virginia M. Damon Trust v. North Country Fin. Corp., 325 F. Supp. 2d 817 (W.D. Mich. 2004). “§ 450.1493(a) thus began to run on September 17, 2003, and expired on December 16, 2003.”
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