UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 
Date of Report (Date of earliest event reported)       March 19, 2008       
 
MAINSTREET FINANCIAL CORPORATION
(Exact name of Registrant as specified in its Charter)

United States
 
000-52298
 
20-1867479
(State or other jurisdiction
of incorporation)
 
(Commission File No.)
 
(IRS Employer
Identification
Number)

629 W. State Street, Hastings, Michigan
 
49058-1643
(Address of principal executive offices)
 
(Zip Code)

Registrant's telephone number, including area code: (269) 945-9561

Not Applicable
(Former name or former address, if changed since last report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 
 
 

Item 5.03  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
 
Effective March 19, 2008, MainStreet Financial Corporation amended Article III, Section 15 of its bylaws to increase the age limitation for the election or appointment of a director from 70 to 72 years of age.  The revised bylaw provision reads as follows:

Section 15.  Age Limitation.   No person 72 years of age or above shall be eligible for election, re-election, appointment or re-appointment to the board of the MHC subsidiary holding company, immediately following the director becoming age 72.  This age limitation does not apply to director emeritus. If a director is also an employee of the MHC subsidiary holding company the provisions of this Section 15 shall not affect his or her status as an employee.

Our new bylaws are included in Exhibit 3.2 to this Form 8-K.


 
Item 9.01  Financial Statements and Exhibits.
 
(d)           Exhibits

3.2           Bylaws of MainStreet Financial Corporation

 
 
 
 

EXHIBIT INDEX

 
Exhibit Number
 
Description
     
3.2
 
    Bylaws of MainStreet Financial Corporation
 

 
 
 
 


 
SIGNATURES

 

 

 
            Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
MAINSTREET FINANCIAL CORPORATION
   
Date:   March 20, 2008
By: /s/ David L. Hatfield                               
      David L. Hatfield
      President and Chief Executive Officer


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