I. Call to Order and Determination of Quorum. Section Chairperson, 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 Chairperson, Tracy T. Larsen as Vice-Chairperson, 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 Chairperson's Report. Mr. Minkus thanked Jeffrey Ammon for his successful term as Section Chairperson. 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 Chairpersons 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 Chairperson(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

VII. Committee/Directorship Reports.

A. Agricultural Committee - A written report of this Committee is attached to these Minutes.

B. Commercial Litigation - A written report of this Committee is attached to these Minutes.

C. Corporate Laws - A written report of this Committee is attached to these Minutes.

D. Debtor/Creditor Rights - A written report of this Committee is attached to these Minutes.

E. Financial Institutions - A written report of this Committee is attached to these Minutes.

F. In-House Counsel - A written report of this Committee is attached to these Minutes.

G. Nonprofit Corporations - No report.

H. Regulation of Securities - A written report of this Committee is attached to these Minutes.

I. Uniform Commercial Code - A written report of this Committee is attached to these Minutes.

J. Unincorporated Enterprises - A written report of this Committee is attached to these Minutes.

K. Legislative Review - No report.

L. Nominating - No report.

M. Programs - A written report of this Committee is attached to these Minutes.

N. Publications - A written report of this Committee is attached to these Minutes.

O. Section Development - No report.

P. Technology - A written report of this Committee is attached to these Minutes.

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.