Michigan Compiled Laws

Mich. Comp. Laws § 450.2485 (2026)

Books, records, and minutes.

✓ current as of July 2026
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NONPROFIT CORPORATION ACT


Act 162 of 1982


450.2485 Books, records, and minutes.

Sec. 485.

    A corporation shall keep books and records of account and minutes of the proceedings of its shareholders or members, board, and executive committee, if any. Unless otherwise provided in the bylaws, the corporation may keep the books, records, and minutes outside this state. The corporation shall keep at its registered office, or at the office of its transfer agent in or outside this state, records that contain the names and addresses of all shareholders or members, the number and class of shares held by each shareholder or the class or classes of membership held by each member, and the dates when they respectively became shareholders of record or members. Any of the books, records, or minutes may be in written form or in any other form that is convertible into written form within a reasonable time. A corporation shall convert into written form without charge any record that is not in written form, if requested by a person that is entitled to inspect the record.

History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015

Notes of Decisions
Cited in 2 cases, 2017–2017 · leading case: John R Vidolich II v. Saline Northview Condo. Ass'n (Mich. Ct. App. 2017).
John R Vidolich II v. Saline Northview Condo. Ass'n (Mich. Ct. App. 2017). “” Pursuant to the version of the Nonprofit Corporation Act in effect prior to 2015, MCL 450.2485 required such corporations to keep certain kinds of records.”
John R Vidolich II v. Saline Northview Condo. Ass'n (Mich. Ct. App. 2017). “” Pursuant to the version of the Nonprofit Corporation Act in effect prior to 2015, MCL 450.2485 required such corporations to keep certain kinds of records.”
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