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Michigan Compiled Laws 346-1966-5 Chapter 5 (125.1471...125.1475)
Section 125.1471 Consumer Housing Cooperatives; Incorporation.
Consumer housing cooperatives shall be incorporated pursuant to the provisions of the Michigan general corporation act and the provisions of this chapter. History: Add....
Section 125.1472 “consumer Housing Cooperative” As Part Of Corporate Name; Exception.
(1) Except as provided in subsection (2), the term “consumer housing cooperative” shall be included as a part of the corporate name as set...
Section 125.1473 Consumer Housing Cooperative; Articles Of Incorporation.
In addition to other requirements of law, the articles of incorporation of a consumer housing cooperative shall provide all of the following: (a) That...
Section 125.1474 Appointment Of Directors Sufficient In Number To Constitute Majority Of Board; Conditions; Exception.
(1) Except as provided in subsection (2), the articles shall provide that the authority shall have the power to appoint to the board of...
Section 125.1475 Articles Of Incorporation; Filing, Approval Of Authority.
The department of the treasury, corporation division, shall not file the articles of incorporation of the consumer housing cooperative unless the consent or approval...
Last modified: October 10, 2016