2006 Michigan Compiled Laws - Act 137 of 1929


INCORPORATION OF SUMMER RESORT OWNERS

Act 137 of 1929

AN ACT to authorize the formation of corporations by summer resort owners; to authorize the purchase, improvement, sale, and lease of lands; to authorize the exercise of certain police powers over the lands owned by said corporation and within its jurisdiction; to impose certain duties on the department of commerce; and to provide penalties for the violation of by-laws established under police powers.


History: 1929, Act 137, Eff. Aug. 28, 1929 ;--Am. 1982, Act 89, Imd. Eff. Apr. 19, 1982




The People of the State of Michigan enact:

DocumentDescription
Section 455.201Summer resort owners; incorporation, purpose.
Section 455.202Articles of association; contents.
Section 455.203Execution and acknowledgment of articles of association; filing articles with department of commerce; classification of corporation as nonprofit.
Section 455.204Corporate powers and liabilities; property ownership, limitation.
Section 455.205Property; sale and disposition, proceedings.
Section 455.206Membership; eligibility; corporate jurisdiction as to property of nonmembers; election.
Section 455.206aElection and registration; notice.
Section 455.206bRegistration board; appointment, duties.
Section 455.206cElection; voters, eligibility.
Section 455.206dElection board; polls, hours open.
Section 455.206eElection; adoption of resolution, record.
Section 455.207Members; grant of authority, procedure.
Section 455.208Annual meeting; trustees, election, report.
Section 455.209Board of trustees; officers, quorum, vacancy.
Section 455.210Board of trustees; powers.
Section 455.211Corporate jurisdiction; liability for condition of streets.
Section 455.212By-laws; enactment, authority of board of trustees.
Section 455.213By-laws; effective date, posting.
Section 455.214By-laws; violation, penalty.
Section 455.215Marshal; powers, compensation, removal.
Section 455.216Marshal; authority over person arrested.
Section 455.217Public utilities; corporate authority.
Section 455.218Lands owned by corporation; annexation to city.
Section 455.219Members; dues and assessments.
Section 455.220Corporate term of existence; expiration; cessation of jurisdiction.

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