Mich. Comp. Laws § 454.71
Labor associations; incorporation.
That labor associations may be incorporated under the provisions of this act.
Michigan Compiled Laws — LABOR ASSOCIATIONS (Act 13 of 1897)
Michigan · statute · 13 of 1897, Mich. Comp. Laws · 7 active provisions
Mich. Comp. Laws § 454.72
Labor associations; incorporators; articles of association, execution, contents.
Any 10 or more residents of this state, who are members of any chartered body, or of different chartered bodies, which body or bodies receive their charter from the American Federation of Labor, or from any international labor organization issuing charters under authority from the American Federation of Labor, may make…
Mich. Comp. Laws § 454.73
Labor associations; articles; filing; copy of articles as evidence of existence and incorporation of association.
A copy of said articles of association shall be filed with the corporation and securities bureau of the department of commerce and thereupon the persons who shall have signed said articles of association, their associates and successors, shall be a body corporate by the name expressed in such articles of association. A…
Mich. Comp. Laws § 454.74
Labor associations; powers.
Every corporation organized under the provisions of this act may take, receive, purchase and hold in its corporate capacity and for its corporate purposes, real and personal property, and the same or any part thereof demise, sell, convey, use and dispose of at pleasure; and may erect and own suitable building or buildi…
Mich. Comp. Laws § 454.75
Labor associations; stock, liability of stockholders.
Every such corporation shall have full power and authority to provide by its by-laws for the issuing of certificates or shares of stock and for the manner in which the same shall be held and represented. All stockholders of every corporation formed under this act, shall be limited in their liability to creditors of any…
Mich. Comp. Laws § 454.76
Labor associations; new membership; stock; board of trustees, election.
Every such corporation shall have power to provide by its by-laws for succession to its original membership and for new membership, and, after it is organized, may admit to membership and sell stock to members of labor organizations recognized by the American Federation of Labor as being eligible, under its laws, rules…
Mich. Comp. Laws § 454.77
Labor associations; board of trustees, powers; officers, appointment.
The management and control of the business, affairs and property of such corporation shall be vested in said board of trustees, and said board shall have power to borrow any money, and cause to be made and issued any bonds and mortgages authorized by section 4 of this act. Said trustees shall appoint from their number…