MCL §559.155
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Michigan Condominium Act — Board of Directors
Board of directors elected by co-owners exercises the powers of the association. Directors owe fiduciary duties to the association and must act in good faith and in the best interests of co-owners.
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Statutory Text
Verified Aug 5, 2026 · OTHER
MCL - Section 559.155 - Michigan Legislature Skip to content Michigan Legislature Michigan Compiled Laws Complete Through PA 20 of 2026 MCL Complete Through PA 20 of 2026 Senate adjourned until Wednesday, August 12, 2026 10:00 AM Senate adjourned until 08/12/26 10:00 AM House adjourned until Tuesday, August 11, 2026 1:30 PM House adjourned until 08/11/26 1:30 PM Home Legislature Legislative Document Search Bills Resolutions Joint Resolutions Concurrent Resolutions Calendars Committees Committee Bill Records Committee Meetings Initiatives/Alternative Measures Journals Legislators Public and Local Acts (Signed Bills) Rules and Schedules Laws MCL Search Public Act MCL Search Michigan Constitution MCL Chapter Index Executive Orders Executive Reorganization Orders MCL Tables and Appropriation Acts More Archives Historical Documents Committee Meeting Notifications Legislative Directory Michigan Manuals Publications Related Sites Help Sign Up Log In MCL - Section 559.155 Download Section Chapter 559 Act 59 of 1978 Previous Section Next Section CONDOMINIUM ACT (EXCERPT) Act 59 of 1978 559.155 Voiding service contract and management contract. Sec. 55. (1) A service contract which exists between the association of co-owners and the developer or affiliates of the developer and a management contract with the developer or affiliates of the developer is voidable by the board of directors of the association of co-owners on the transitional control date or within 90 days thereafter, and on 30 days' notice at any time thereafter for cause. (2) To the extent that any management contract extends beyond 1 year after the transitional control date, the excess period under the contract may be voided by the board of directors of the association of co-owners by notice to the management agent at least 30 days before the expiration of the 1 year. History: 1978, Act 59, Eff. July 1, 1978 Acceptable Use Policy Privacy Policy DMCA Policy Comment Form Legislative Directory Accessibility Site Map Bills Meetings Laws The Michigan Legislature Website is a free service of the Legislative Service Bureau in cooperation with the Michigan Legislative Council, the Michigan House of Representatives, the Michigan Senate, and the Library of Michigan. This site is intended to provide accurate and timely legislative information to the citizens of the State of Michigan and other interested parties. Additional historical documents can be found at https://www.michigan.gov/libraryofmichigan . The information obtained from this site is not intended to replace official versions of that information and is subject to revision. The Legislature presents this information, without warranties, express or implied, regarding the accuracy of the information, timeliness, or completeness. If you believe the information is inaccurate, out-of-date, or incomplete or if you have problems accessing or reading the information, please send your concerns to the appropriate agency using the online Comment Form in the bar above this text.
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Governance
| Ref | Requirement |
|---|---|
| Directors owe fiduciary duties to the association and must act in good faith and in the best interests of co-owners. | |
| Board of directors elected by co-owners exercises the powers of the association. |
Other sections in this chapter
- MCL §559.103 — Michigan Condominium Act — Definitions
- MCL §559.108 — Michigan Condominium Act — Condominium Project Establishment
- MCL §559.152 — Michigan Condominium Act — Association of Co-Owners
- MCL §559.153 — Michigan Condominium Act — Bylaws
- MCL §559.154 — Michigan Condominium Act — Meetings
- MCL §559.167 — Michigan Condominium Act — Insurance
- MCL §559.184 — Michigan Condominium Act — Withdrawal from purchase agreement; escrow
- MCL §559.208 — Michigan Condominium Act — Lien for Assessments
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Legal references last verified April 15, 2026.
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