Mich. Comp. Laws § 457.221
Masonic associations; incorporation.
That Masonic associations may be incorporated under the provisions of this act.
Michigan Compiled Laws — MASONIC ASSOCIATIONS (Act 1 of 1895)
Michigan · statute · 1 of 1895, Mich. Comp. Laws · 8 active provisions
Mich. Comp. Laws § 457.222
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 of the order of Free and Accepted Masons, may make and execute articles of association under their hands and seals, which said articles of association shall be acknowledged before some officer of this state h…
Mich. Comp. Laws § 457.223
Filing copy of articles with department of commerce; signers of articles, associates, and successors as body corporate; evidence of existence and incorporation.
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 § 457.224
Property; holding, disposition; erection of buildings; borrowing power.
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 § 457.225
Certificates or shares of stock; issuance.
Every such corporation shall have full power and authority to provide by its laws for the issuing of certificates or shares of stock and for the manner in which the same shall be held and represented.
Mich. Comp. Laws § 457.226
Succession and by-laws.
Every such corporation shall have power to provide by its by-laws for succession to its original membership and for new membership; and shall also have power to provide by its by-laws for election from its members of a board of trustees and to fix the number and term of office of such trustees; but such board shall not…
Mich. Comp. Laws § 457.226a
Nonprofit corporation as manager of other corporations; evidence; trust fund for unknown interests.
Any nonprofit corporation which occupies and manages all of the assets and liabilities of any corporation organized under the provisions of this act and such nonprofit corporation is organized for and has carried out the same purposes as the corporation organized under this act, and has paid all taxes assessed against…
Mich. Comp. Laws § 457.227
Board of trustees, powers; officers, appointment, duties.
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 own numb…