There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Mich. Comp. Laws § 450.2302 Corporation organized upon nonstock basis.
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Act 162 of 1982 450.2302 Corporation organized upon nonstock basis. Sec. 302. A corporation shall be organized upon a stock or nonstock basis. A corporation organized upon a nonstock basis shall be organized upon a membership basis or a directorship basis.
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