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Michigan Compiled Laws - Water and Power Companies
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Michigan Laws > Water And Power Companies > Michigan Compiled Laws - Water and Power Companies
- Water Power Companies; Incorporators; Notice of Formation; Articles of Association, Contents - Mich. Comp. Laws Section 486.1
That any number of persons, not less than 5, may be formed into a corporation, for the purpose of maintaining, repairing and improving, any...
- Articles of Association; Signing, Filing, Evidence; Body Corporate, Powers - Mich. Comp. Laws Section 486.2
Each subscriber to such articles of association shall subscribe thereto his name and place of residence. The said articles of association shall be filed...
- Board of Directors; Annual Election, Notice; Officers, Treasurer's Bond; Vacancy - Mich. Comp. Laws Section 486.3
The business of said company shall be under the management and direction of a board of directors, composed of not less than 3 nor...
- Membership in Association; Procedure, Rights - Mich. Comp. Laws Section 486.4
Any person owning any interest in the canal and water-power under the control of such association, may become a member thereof at any time...
- Repairs; Permanent Improvements, Approval of Members; Expense - Mich. Comp. Laws Section 486.5
When the canal or any of its appurtenances under the control of such association may need to be repaired or rebuilt, the directors of...
- Repairs; Statement, Filing, Contents - Mich. Comp. Laws Section 486.6
Whenever the board of directors shall make any repairs not authorized at any meeting of said association, it shall be their duty to file...
- Assessment for Repairs or Improvements - Mich. Comp. Laws Section 486.7
For the purpose of defraying the expenses of such repairing, rebuilding or permanent improvement, and such contingent expenses as may be incurred in the...
- Assessment; Collection; Non - Payment, Use of Water Prohibited - Mich. Comp. Laws Section 486.8
The said assessment shall then be delivered to the treasurer of the association for collection, who shall proceed forthwith and shall demand payment from...
- Assessment; Notice to Non - Resident - Mich. Comp. Laws Section 486.9
In case any person upon whom an assessment shall have been made, as is herein provided, shall be a non-resident of the county in...
- Assessment; Mortgage Lien; Preference - Mich. Comp. Laws Section 486.10
All assessments made under the provisions of this act shall be and remain a mortgage-lien upon the interest so assessed, from and after the...
- Mortgage Lien; Certificate, Contents, Recording - Mich. Comp. Laws Section 486.11
After such mortgage-lien shall have attached to such interest in such canal and water-power, the secretary of such association shall make a certificate in...
- Mortgage Lien; Foreclosure - Mich. Comp. Laws Section 486.12
Such mortgage-lien created as aforesaid shall be in the nature of a mortgage on real estate, and may be foreclosed and collected the same...
- Mortgage Lien; Commencement of Suit After 60 Days - Mich. Comp. Laws Section 486.13
Suits may be commenced for the foreclosure of such mortgage-lien at the expiration of 60 days from the time the certificate shall be recorded...
- Meetings of Members of Associations; Notice, Proof of Service, Filing - Mich. Comp. Laws Section 486.14
Meetings of the members of the association may be called by any director, and it shall be the duty of any director to call...
- Watchman; Appointment, Duties, Compensation - Mich. Comp. Laws Section 486.15
The board of directors are also authorized, in case they deem it expedient for the safety and well-being of the property under their control,...
- Contracts Made by Board of Directors - Mich. Comp. Laws Section 486.16
The said board of directors shall have power to make all necessary contracts in the name of the corporation to carry out the duties...
- Treasurer; Duties - Mich. Comp. Laws Section 486.17
The treasurer of said board shall receive all moneys paid to him on assessment, and hold the same, to be paid out on the...
- Assessment; Recovery, Interest - Mich. Comp. Laws Section 486.18
All sums due from any person upon any assessment authorized by this act may be recovered with interest in an action of assumpsit brought...
- Disposition of Funds At Annual Meeting - Mich. Comp. Laws Section 486.19
At the annual meeting of the members of said association, held for the election of officers, pursuant to the by-laws thereof, the members representing...
- By - Laws of Association; Regulations, Promulgation, Publishing, Enforcement; Meetings - Mich. Comp. Laws Section 486.20
Said association shall have power by its by-laws to regulate the use of the water transmitted through the canal under its control by the...
- Stockholder's Liability - Mich. Comp. Laws Section 486.21
The stockholders of all corporations or associations formed under the provisions of this act, shall be individually liable for all labor performed for such...
- Tenants in Common; Consent for Improvements and Repairs, Liability - Mich. Comp. Laws Section 486.22
All owners of water-power afforded by any canal or its appurtenances which is under the control of any association formed under this act, who...
- Water Power and Supply Corporations; Incorporators; Powers - Mich. Comp. Laws Section 486.51
That any number of persons not less than 5, may form themselves into a corporation for the purpose of excavating and constructing, maintaining, repairing...
- Certificate; Contents; Recording and Filing - Mich. Comp. Laws Section 486.52
Such persons under their hands and seals shall make a certificate which shall specify: First, The name of the corporation; Second, A statement of...
- Body Corporate; Governing Laws - Mich. Comp. Laws Section 486.53
Upon complying with the provisions of the last preceding section such company shall be a body corporate by the name designated in said certificate,...
- Board of Directors; Members, Election, Qualification - Mich. Comp. Laws Section 486.54
The business and property of such company shall be managed and directed by a board of not less than 5 nor more than 7...
- Board of Directors; Election, Notice - Mich. Comp. Laws Section 486.55
In case it shall happen that an election for directors shall not be held as provided, the said corporation shall not be for that...
- Board of Directors; Majority Control - Mich. Comp. Laws Section 486.56
A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall...
- Capital Stock; Subscriptions; Increase, Procedure - Mich. Comp. Laws Section 486.57
The directors of any such company may at any time receive subscriptions to stock in said company until the whole amount mentioned in their...
- Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Purchaser's Rights - Mich. Comp. Laws Section 486.58
The directors may call in subscriptions to the capital stock of such corporation by installments, in such portions, and at such times and places...
- Corporate Powers; Liabilities and Restrictions - Mich. Comp. Laws Section 486.59
Every such corporation organized as hereinbefore prescribed, shall have the following powers and be subject to the liabilities and restrictions following, that is to...
- Power to Construct Railroads, Telegraph and Telephone Lines; Holding of Realty - Mich. Comp. Laws Section 486.60
Said corporation may, in the exercise of its discretion erect along the line of its canal, or over different portions of its property, such...
- Furnishing and Use of Water; Rent, Collection - Mich. Comp. Laws Section 486.61
Such company may furnish water to other persons or companies for mining, manufacturing, milling, domestic, municipal, or agricultural purposes, on such rent as shall...
- Injury to Stream or Property; Misdemeanor, Penalty - Mich. Comp. Laws Section 486.62
If any person shall willfully obstruct any stream or waters improved under the provisions of this act or any part thereof, or shall willfully...
- Board of Directors; Annual Report, Contents - Mich. Comp. Laws Section 486.63
On or before the first Monday in July in each year it shall be the duty of the directors of every company formed under...
- Stockholder's Liability; Recovery Prerequisites - Mich. Comp. Laws Section 486.65
The stockholders of every company organized in pursuance of this act shall be jointly and severally personally liable for the payment of all debts...
- Shares Deemed Personal Property; Transfer - Mich. Comp. Laws Section 486.66
The shares of any company formed under this act shall be deemed personal property and may be transferred as shall be prescribed by the...
- Water Power and Supply Corporations; Incorporators; Powers - Mich. Comp. Laws Section 486.101
That any number of persons not less than 5 may form themselves into a corporation for the purpose of damming any stream and of...
- Certificate; Contents; Recording and Filing - Mich. Comp. Laws Section 486.102
Such persons under their hands and seals, shall make a certificate which shall specify: First, The name of the corporation; Second, A statement of...
- Body Corporate; Governing Laws - Mich. Comp. Laws Section 486.103
Upon complying with the provisions of the last preceding section such company shall be a body corporate by the name designated in said certificate,...
- Board of Directors; Members, Election, Qualification - Mich. Comp. Laws Section 486.104
The business and property of such company shall be managed and directed by a board of not less than 5 nor more than 7...
- Board of Directors; Election, Notice - Mich. Comp. Laws Section 486.105
In case it shall happen that an election for directors shall not be held as provided, the said corporation shall not be for that...
- Board of Directors; Majority Control - Mich. Comp. Laws Section 486.106
A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall...
- Capital Stock; Subscriptions; Increase; Procedure - Mich. Comp. Laws Section 486.107
The directors of any such company may at any time receive subscriptions to stock in said company until the whole amount mentioned in their...
- Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Purchaser's Rights - Mich. Comp. Laws Section 486.108
The directors may call in subscriptions to the capital stock of such corporation by installments, in such portions, and at such times and places...
- Corporate Powers, Liabilities and Restrictions - Mich. Comp. Laws Section 486.109
Every such corporation, organized as hereinbefore prescribed, shall have the following powers and be subject to the liabilities and restrictions following, that is to...
- Power to Construct Railroads, Telegraph and Telephone Lines; Holding of Realty - Mich. Comp. Laws Section 486.110
Said corporation may, in the exercise of its discretion, erect along the line of its canal or over different portions of its property, such...
- Furnishing and Use of Water; Rent, Collection - Mich. Comp. Laws Section 486.111
Such company may furnish water to other persons or companies for mining, manufacturing, milling, domestic, municipal or agricultural purposes, on such rent as shall...
- Injury to Stream or Property; Misdemeanor, Penalty - Mich. Comp. Laws Section 486.112
If any person shall willfully obstruct any stream or waters improved under the provisions of this act or any part thereof, or shall willfully...
- Board of Directors; Annual Report, Contents - Mich. Comp. Laws Section 486.113
On or before the first Monday in July in each year it shall be the duty of the directors of every company formed under...
- Realty; Purchase, Holding, Disposal; Limitations - Mich. Comp. Laws Section 486.114
Each and every company formed under this act shall have authority to purchase and hold land adjacent to or within convenient distance of any...
- Stockholder's Liability; Recovery Prerequisites - Mich. Comp. Laws Section 486.115
The stockholders of every company organized in pursuance of this act shall be jointly and severally personally liable for the payment of all debts...
- Shares Deemed Personal Property; Transfer - Mich. Comp. Laws Section 486.116
The shares of any company formed under this act shall be deemed personal property, and may be transferred as shall be prescribed by the...
- Water Power and Supply Corporations in Upper Peninsula; Incorporators; Powers - Mich. Comp. Laws Section 486.201
That any number of persons may form themselves into a corporation for the purpose of damming any stream or streams, and of excavating and...
- Certificate; Contents; Recording and Filing - Mich. Comp. Laws Section 486.202
Such persons, under their hands and seals, shall make a certificate which shall specify: First, The name of the corporation; Second, A statement of...
- Body Corporate; Governing Laws - Mich. Comp. Laws Section 486.203
Upon complying with the provisions of the last preceding section such company shall be a body corporate by the name designated in said certificate,...
- Board of Directors; Members, Election, Qualifications - Mich. Comp. Laws Section 486.204
The business and property of such company shall be managed and directed by a board of not less than 3 nor more than 7...
- Board of Directors; Election, Notice - Mich. Comp. Laws Section 486.205
In case it shall happen that an election for directors shall not be held as provided, the said corporation shall not be for that...
- Board of Directors; Majority Control - Mich. Comp. Laws Section 486.206
A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall...
- Capital Stock; Subscriptions; Increase, Procedure - Mich. Comp. Laws Section 486.207
The directors of any such company may at any time receive subscriptions to stock in said company until the whole amount mentioned in their...
- Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Purchaser's Rights - Mich. Comp. Laws Section 486.208
The directors may call in subscriptions to the capital stock of such corporation by installments, in such portions, and at such times and places...
- Corporate Powers; Liabilities and Restrictions - Mich. Comp. Laws Section 486.209
Every such corporation, organized as hereinbefore prescribed, shall have the following powers and be subject to the liabilities and restrictions following, that is to...
- Power to Construct Railroad, Telegraph and Telephone Lines; Holding of Realty - Mich. Comp. Laws Section 486.210
Said corporation may, in the exercise of its discretion, erect, maintain and operate such railroads as may be necessary for connecting manufacturing establishments situated...
- Furnishing and Use of Water or Power; Compensation; Right to Sue and Be Sued - Mich. Comp. Laws Section 486.211
Such company may furnish and sell water, water power, electricity or electric power, and any and all other forms of power to other persons...
- Injury to Stream or Property; Misdemeanor, Penalty - Mich. Comp. Laws Section 486.212
If any person shall wilfully obstruct any stream or waters improved, or in use under the provisions of this act, or any part thereof,...
- Board of Directors; Annual Report, Contents - Mich. Comp. Laws Section 486.213
On or before the first Monday in July in each year it shall be the duty of the directors of every company formed under...
- Realty; Purchase, Holding, Disposal; Personal Property, Disposal - Mich. Comp. Laws Section 486.214
Each and every corporation formed under this act shall have authority to purchase and hold land in amount not to exceed 3,000 acres adjacent...
- Stockholder's Liability; Recovery Prerequisites - Mich. Comp. Laws Section 486.215
The stockholders of every company organized in pursuance of this act shall be jointly and severally personally liable for the payment of all debts...
- Shares Deemed Personal Property; Transfer - Mich. Comp. Laws Section 486.216
The shares of any company formed under this act shall be deemed personal property, and may be transferred as shall be prescribed by the...
- Electric and Gas Corporations; Incorporators; Powers - Mich. Comp. Laws Section 486.251
That any number of persons not less than 3 may form a corporation, for generating, manufacturing, producing, gathering, storing, transmitting, distributing, transforming, selling and...
- Corporate Powers - Mich. Comp. Laws Section 486.252
Every corporation organized as provided in section 1 of this act shall have the following powers: First, To cause such examinations and surveys for...
- Repealed. 1980, Act 87, Eff. Apr. 1, 1985. - Mich. Comp. Laws
- Electricity or Gas Sold to Public; Rates, Terms, and Conditions; Examination of Books and Records; Order of Commission; Review; Certificate of Necessity - Mich. Comp. Laws Section 486.253
(1) A corporation formed under this act shall sell to the public the electric energy it generates or transmits and the gas it manufactures,...
- Existing Corporations; Right of Condemnation - Mich. Comp. Laws Section 486.254
Corporations heretofore lawfully organized, among other things, for any of the purposes specified in section 1 hereof; corporations heretofore lawfully organized, or that may...
- Independent Transmission Company or Affiliated Company; Power to Condemn Property; Limitation; Procedures and Requirements; Definitions - Mich. Comp. Laws Section 486.255
(1) Subject to the electric transmission line certification act, 1995 PA 30, MCL 460.561 to 460.575, and the uniform condemnation procedures act, 1980 PA...
- Waterworks in Municipalities; Incorporators; Powers - Mich. Comp. Laws Section 486.301
That whenever the common council of any city or incorporated village, or the municipal authority of any town in this state shall, by resolution,...
- Certificate; Contents, Filing and Recording; Body Corporate, Name - Mich. Comp. Laws Section 486.302
Any number of persons not less than 5, who shall associate according to the provisions of this act, under any name assumed by them,...
- Corporate Power to Hold Property - Mich. Comp. Laws Section 486.303
Every such corporation shall, by their name, have power to acquire and hold all such real and personal estate as shall be necessary for...
- Capital Stock; Fixed Amount, Increase - Mich. Comp. Laws Section 486.304
The amount of capital stock in every such corporation shall be fixed by the stockholders in their articles of association, but shall in no...
- Officers; Election, Term, Powers; Quorum of Stockholders; Right to Vote - Mich. Comp. Laws Section 486.305
The officers shall be elected by the stockholders when 50 per cent of the stock shall be subscribed, and 10 per cent of the...
- Corporate Powers - Mich. Comp. Laws Section 486.306
Any corporation formed under this act shall have power to introduce water into any town, city or village in the state named in their...
- Acquisition and Use of Lands for Purposes of Act; Survey and Map, Signing, Filing; Right of Entry - Mich. Comp. Laws Section 486.307
Before entering, taking or using any lands for the purposes of this act, the directors of the company shall cause a survey and map...
- Condemnation Proceedings - Mich. Comp. Laws Section 486.308
In case said company cannot agree with the owners or occupants of any lands or water, intended to be taken or used as aforesaid,...
- Stock Deemed Personal Property; Certificates of Stock, Transfer; Report to Assessing Officer - Mich. Comp. Laws Section 486.309
The stock of every such corporation shall be deemed personal property, and certificates of stock shall be issued to each stockholder on the full...
- Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Rights of Purchaser - Mich. Comp. Laws Section 486.310
The directors may call in subscriptions to the capital stock of such corporation, by installment, in such portions as they deem best, by giving...
- Stockholder's Liability; Recovery Prerequisites; Contribution to Creditor - Mich. Comp. Laws Section 486.311
The stockholders of all corporations organized under this act shall be individually liable for any labor or services done or performed for said company,...
- Contract Between Municipality and Company; Obligations - Mich. Comp. Laws Section 486.312
It shall and may be lawful for the municipal authorities of any city, village or town in which any company is or shall be...
- Stockholders; Annual and Special Meetings - Mich. Comp. Laws Section 486.313
There shall be an annual meeting of the stockholders at such time and place as the by-laws of the corporation shall designate, for the...
- Officers of Company; Designation, Election, Bonding - Mich. Comp. Laws Section 486.314
The officers of such company shall be a president, who also shall be a director, a secretary, a treasurer, and such other officers, agents...
- Ordinances of Common Council; Granting Use of Public Property; Rates of Compensation - Mich. Comp. Laws Section 486.315
Whenever any such company shall have been duly organized, it shall be the duty of the common council of any such city or village...
- Purchase of Corporate Rights and Property by Municipality; Arbitration - Mich. Comp. Laws Section 486.316
From and after the expiration of 25 years from the time of the organization of such company, the common council of the city, town...
- Municipality as Stockholder; Issuance of Bonds, Interest Rate Limit, Tax Levy; Certain Corporations as Stockholders - Mich. Comp. Laws Section 486.317
Any such city, town or village may become a stockholder in any such company whenever the common council shall so direct, by resolution duly...
- Company Fully Organized; Qualification, Powers, Financial Arrangements - Mich. Comp. Laws Section 486.318
Any such company shall be deemed to be fully organized whenever half the capital stock named in its articles of association shall have been...
- Water Supply Companies; Right to Purchase and Operate Electrical Plants - Mich. Comp. Laws Section 486.351
That any company or corporation hereafter organized for the purpose of supplying water to any city, town or village in this state, the population...
- Water Supply Companies; Amendment of Articles to Show Right to Purchase and Operate Electrical Plants - Mich. Comp. Laws Section 486.352
Any company or corporation heretofore organized and doing business under and by virtue of the general laws of this state, and operating a waterworks...
- Company or Corporate Powers - Mich. Comp. Laws Section 486.353
Every such company or corporation shall have the right to acquire and hold all such real and personal property as shall be necessary, in...
- Municipal Water Supply Companies; Continuance of Corporate Life, Procedure; Prima Facie Evidence - Mich. Comp. Laws Section 486.401
It shall be lawful for any corporation heretofore or hereafter organized under the laws of this state for the purpose of the introduction of...
- Renewed Corporation; Rights and Duties - Mich. Comp. Laws Section 486.402
The renewed term of such corporation shall begin from the expiration of the former term thereof, and the corporation thus renewed shall hold and...
- Corporations to Supply Water to Townships; Incorporators - Mich. Comp. Laws Section 486.501
Whenever the township board of a township or the township boards of 2 or more townships shall, by resolution, declare that it is expedient...
- Contracts; Corporate Powers; Written Consent for Use of Street, Highway or Alley to Lay Pipe or Main - Mich. Comp. Laws Section 486.502
Any corporation so formed under this act shall have the power to contract with any township or townships for the sale of water to...
- Great Lakes Waters; Construction of Works - Mich. Comp. Laws Section 486.503
Such corporation may take water from any of the Great Lakes and from Lake St. Clair, or any of the bays thereof and divert...
- Townships Contracting for Purchase of Water; Resolution, Hearing; Ordinances, Publication; Petitions - Mich. Comp. Laws Section 486.504
It shall be lawful for the township board of any township for and on behalf of that township to contract with any such corporation...
- Violation of Mcl 168.1 to 168.992 Applicable to Petitions; Penalties - Mich. Comp. Laws Section 486.504a
A petition under section 4, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954...
- Townships Contracting for Purchase of Water; Ordinance Effective; Contract Execution - Mich. Comp. Laws Section 486.505
As soon as any such ordinance becomes effective the township board may authorize the execution of any such contract as is herein contemplated on...
- Townships Contracting for Purchase of Water; Renewal, Extension or Amendment of Contract - Mich. Comp. Laws Section 486.506
After any such contract has once been entered into, the same may be renewed, extended or amended, but any renewal, extension or amendment must...
- Purchase of Waterworks; Procedure - Mich. Comp. Laws Section 486.507
At any time after the construction of a waterworks by a corporation in furtherance of its contract between the corporation and a township for...
- Township Water System Act of 1956; Short Title - Mich. Comp. Laws Section 486.508
This act shall be known and may be cited as the "township water system act of 1956".
- Repealed - Water Companies (486.551 - 486.571) - Mich. Comp. Laws
Last modified: March 17, 2013
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