Mich. Comp. Laws § 454.201
Builders and traders exchanges; incorporation, purposes.
Michigan · Michigan Compiled Laws — BUILDERS AND TRADERS EXCHANGES (Act 28 of 1891) · Status: effective
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- Mich. Comp. Laws § 454.201, Builders and traders exchanges; incorporation, purposes, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1364489
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Full text
That any number of persons, not less than 3, may associate themselves together and become incorporated as a builders or a builders and traders exchange for the purpose of providing and regulating suitable rooms or places of meeting; to promote mechanical and industrial interests, to inculcate just and equitable principles of trade, to establish and maintain uniformity in commercial usages, by rules and regulations; to acquire, preserve and disseminate valuable business information; to adjust differences and settle disputes between members, or between members and others; and for other purposes conducive to the interests of members thereof.