Michigan Compiled Laws § 457.64 Directors; Powers; Ex-officio Members.

457.64 Directors; powers; ex-officio members.

Sec. 4.

The management and direction of the interests, affairs, and property of such association shall be vested in a board of directors of not less than 5, nor more than 20, of whom the officers of such association shall be ex-officio members of said board.

History: 1871, Act 99, Imd. Eff. Apr. 13, 1871 ;-- CL 1871, 3128 ;-- How. 4607 ;-- CL 1897, 7852 ;-- CL 1915, 10288 ;-- CL 1929, 10570 ;-- CL 1948, 457.64

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Last modified: October 10, 2016