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2017 Michigan Compiled Laws
Chapter 450 - Corporations
Act 162 of 1982 NONPROFIT CORPORATION ACT (450.2101 - 450.3192)
162-1982-11 CHAPTER 11 (450.3100...450.3192)
Section 450.3133 Classification.
Universal Citation: MI Comp L § 450.3133 (2017)
450.3133 Classification.
Sec. 1133.
If a cooperative has classes of members pursuant to section 304, classification shall be based only on 1 or more of the following number of members, number of persons served, type of patronage, level of patronage, or whether or not members are patrons. In a consumer cooperative, classification of consumers by level of patronage shall not be used.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985
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