Mich. Comp. Laws § 450.186e

Public building corporations; winding up affairs by legislature; property, conservation, disposition.

Michigan · Michigan Compiled Laws — MICHIGAN GENERAL CORPORATION STATUTE (Act 327 of 1931) · Status: effective

Cite this

Citation: Mich. Comp. Laws § 450.186e, Public building corporations; winding up affairs by legislature; property, conservation, disposition, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363496
Permanent ID: ys:prov:1363496@1
SHA-256: 50701e00cc64def2daf6368f5c55b1cb94b49f65f57a611f4737673f7dc969d3

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Should any such corporation cease to operate or become unable to usefully serve the purpose of its organization, the legislature may by law provide for the winding up of its affairs and for the conservation and disposition of its property in such way as may best promote and perpetuate the purposes for which such corporation was originally organized.