Mich. Comp. Laws § 455.204
Corporate powers and liabilities; property ownership, limitation.
Michigan · Michigan Compiled Laws — INCORPORATION OF SUMMER RESORT OWNERS (Act 137 of 1929) · Status: effective
Cite this
- Citation
- Mich. Comp. Laws § 455.204, Corporate powers and liabilities; property ownership, limitation, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1364557
- Permanent ID
ys:prov:1364557@1- SHA-256
22c38eecaeec13a334f0bb1d2e5e4588f6ec9f9b90016fdb6ea4475d8ce17612
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
On compliance with the foregoing provisions of this act, the persons so associating, their successors and assigns, shall become and be a body politic and corporate, under the name assumed in their articles of association and shall have and possess all the general powers and privileges and be subject to all the liabilities of a municipal corporation and become the local governing body. Such corporation may acquire by purchase, devise or gift such real and personal property as it may desire for the purposes mentioned in its articles of association: Provided always, It shall not at any time own to exceed 320 acres of land, but this proviso shall not be construed to limit the area of its jurisdiction to exercise the police powers herein conferred over lands of members.