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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 109. (1) “Services in a learned profession” means services provided to the public by a dentist, an osteopathic physician, a physician, a surgeon, a doctor of divinity or other clergy, or an attorney-at-law.The term does not include services provided to residents of a nursing home, as defined in section 20109 of the public health code, 1978 PA 368, MCL 333.20109, by a dentist, osteopathic physician, physician, or surgeon who is an employee or independent contractor of the nursing home.
(2) “Shareholder” means a person that holds units of proprietary interest in a corporation and is considered to be synonymous with “member” in a nonstock corporation.
(3) “Shares” means the units into which proprietary interests in a corporation are divided and is considered to be synonymous with “membership” in a nonstock corporation.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 450. Corporations § 450.1109 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-450-corporations/mi-comp-laws-450-1109/
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