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Management and Control - Mich. Comp. Laws Section 457.277

Legal Research Home > Michigan Laws > Fraternal Associations > Management and Control - Mich. Comp. Laws Section 457.277

457.277 Management and control.

Sec. 7.

The management and control of the business, affairs and property of such corporation shall be vested in said board of trustees, and said board shall have power to borrow any money and cause to be made and issued any bonds and mortgages authorized by section 4 of this act. Said trustees shall appoint from their number a chairman, vice chairman, secretary and treasurer, who shall perform the duties of their respective offices in accordance with the rules and regulations prescribed by the board of trustees.

History: 1909, Act 35, Eff. Sept. 1, 1909 ;-- CL 1915, 10440 ;-- CL 1929, 10641 ;-- CL 1948, 457.277

Section: Previous 457.267 457.271 457.272 457.273 457.274 457.275 457.276 457.277 457.291 457.292 457.293 457.294 457.295 457.296 457.297 Next

Last modified: March 17, 2013