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Corporate Power to Hold Property - Mich. Comp. Laws Section 486.303

Legal Research Home > Michigan Laws > Water And Power Companies > Corporate Power to Hold Property - Mich. Comp. Laws Section 486.303

486.303 Corporate power to hold property.

Sec. 3.

Every such corporation shall, by their name, have power to acquire and hold all such real and personal estate as shall be necessary for carrying on the business of said corporation.

History: 1869, Act 113, Imd. Eff. Apr. 3, 1869 ;-- CL 1871, 3357 ;-- How. 3112 ;-- CL 1897, 8502 ;-- CL 1915, 11284 ;-- CL 1929, 11877 ;-- CL 1948, 486.303

Section: Previous 486.251 486.252 486.253 486.254 486.255 486.301 486.302 486.303 486.304 486.305 486.306 486.307 486.308 486.309 486.310 Next

Last modified: March 17, 2013