September 20, 2000

This meeting of the Council of the Business Law Section of the State Bar of Michigan was held at the Cobo Hall Exhibition/Conference Center in Detroit, Michigan, on September 20, 2000 at 10:00 a.m., pursuant to notice duly given.

I. Call to Order and Determination of Quorum. Section Chair, Jeffrey Ammon, called the meeting to order at 10:00 a.m., and determined with the other officers present that a quorum existed.

II. Approval of Minutes of Meeting of May 20, 2000. Mr. Ammon called for a motion to approve the Minutes of the Council Meeting held on May 20, 2000. Pursuant to motion duly made and seconded, the Minutes were unanimously approved.

III. Nominating Director. Mr. Oetting presented for nomination, Daniel H. Minkus as Section Chair, Tracy T. Larsen as Vice-Chair, Timothy R. Damschroder as Secretary, and G. Ann Baker as Treasurer.

IV. Election of Officers. Mr. Oetting called for a motion to approve the nominations. Pursuant to motion duly made, no second being required, the nominations were unanimously approved.

V. Incoming Chair's Report. Mr. Minkus thanked Jeffrey Ammon for his successful term as Section Chair. Mr. Minkus introduced Laura Jones, the new Section Administrator.

Mr. Minkus also noted the passing of Professor Stephen H. Schulman and indicated that the Council intends to either make a contribution or prominently involve itself in a Memorial Fund that Wayne State University is likely to establish.

Mr. Minkus thanked the Committee Chairs for their efforts in getting the work of the Section done.

Mr. Minkus' goals for the upcoming year include increasing membership opportunities and encouraging participation in the Committees. He would like to see the Section continue its work with ICLE. The Section will continue to support the Access to Justice Development Campaign. He will continue to implement the Section's Strategic Plan.

VI. Council Approval of Committee Chair(s)/Directorship Appointments. The following person(s) was/were presented for nomination to chair the following Committees and Directorships. Directorships are for two-year terms.

• Agricultural William G. Tishkoff, John R. Dresser
• Commercial Litigation Diane L. Akers
• Corporate Laws Justin G. Klimko, Cyril Moscow
• Debtor/Creditor Rights Judy B. Calton, Judith Greenstone Miller
• Financial Institutions James H. Breay
• In-House Counsel Vicki Martin-Anderson
• Nonprofit Corporations Jane Forbes, Mark R. Lezotte
• Regulation of Securities Arthur Dudley II, Kenneth H. Gold
• UCC Patrick E. Mears
• Unincorporated Enterprises Daniel H. Minkus
• Legislative Review* G. Ann Baker
• Nominating* Martin C. Oetting
• Program* Mark A. Aiello, Eric I. Lark
• Publications* Robert T. Wilson
• Section Development* Timothy R. Damschroder
• Technology* Michael S. Khoury

(*) Denotes Directorship, which is a two-year term.

Mr. Minkus called for a motion to approve the Committee Chair and Directorship appointments. Pursuant to motion duly made and seconded, the Committee Chair and Directorship appointments were unanimously approved.

VII. Committee/Directorship Reports.

A. Agricultural Committee

B. Commercial Litigation

C. Corporate Laws

D. Debtor/Creditor Rights

E. Financial Institutions

F. In-House Counsel

G. Nonprofit Corporations—No report.

H. Regulation of Securities

I. Uniform Commercial Code

J. Unincorporated Enterprises

K. Legislative Review—No report.

L. Nominating—No report.

M. Programs

N. Publications

O. Section Development—No report.

P. Technology

VIII. Treasurer's Report. Mr. Damschroder reported that the Section continues to be financially sound and has a surplus of $210,587.12. A report is attached. The Section usually subsidizes the Midyear Meeting. Historically, this figure has been approximately $9,000. This year it should be approximately $6,700.00.

IX. Other Business and Announcements. Michael S. Khoury requested that new appointees get their current address, telephone, and email information to him or Laura Jones so it can be put onto listserv and the Section website.

X. Announcement of December Meeting. The December meeting will be held on December 2, 2000, at the Livonia Marriott.

XI. Meeting Adjournment. There being no further business to come before this meeting of the Council of the Business Law Section of the State Bar of Michigan, upon a motion duly made and seconded, and unanimously approved, the meeting was adjourned.

Respectfully submitted,
Timothy R. Damschroder
Secretary of the Business Law Section