2010 Michigan Compiled Laws
Chapter 455 - SUMMER RESORT AND PARK ASSOCIATIONS
Act 69 of 1887 - SUBURBAN HOMESTEAD, VILLA PARK, AND SUMMER RESORT ASSOCIATIONS (455.101 - 455.113)

SUBURBAN HOMESTEAD, VILLA PARK, AND SUMMER RESORT ASSOCIATIONS
Act 69 of 1887
AN ACT to authorize the incorporation of suburban homestead, villa park and summer resort associations; and to impose certain duties on the department of commerce.

History: 1887, Act 69, Imd. Eff. Apr. 15, 1887 ;-- Am. 1982, Act 86, Imd. Eff. Apr. 19, 1982

• Section 455.101 - Suburban homestead, villa park and summer resort associations; incorporation; purposes; corporate life; trustees, number, election.
• Section 455.102 - Certificate; signing and acknowledgment; contents; filing with department of commerce.
• Section 455.103 - Corporate powers; articles, certified copy as evidence; trustees, powers.
• Section 455.104 - Taking and holding of land by incorporated association; purposes; sale and conveyance or lease; personal property.
• Section 455.105 - Trustees; election, vacancy.
• Section 455.106 - Lots and plots; proceeds of sale, disposition.
• Section 455.107 - Lots and plots; purchase agreement.
• Section 455.108 - Lots and plots; plot prerequisite to sale.
• Section 455.109 - Lots and plots; tax assessment; sale for taxes, association as purchaser.
• Section 455.110 - Annual report to lot owners; special election, trustees, appointment, term.
• Section 455.111 - Property; injury, penalty; trespass action.
• Section 455.112 - Property; acceptance of gift, devise or bequest; holding.
• Section 455.113 - Repeal or amendment of act; dissolution; effect.