Federal and State Laws
Michigan Compiled Laws Act 72 Of 1857 Albion College (390.701 - 390.708)
AN ACT amendatory to the several acts in relation to the Wesleyan Seminary at Albion, and the Albion Female Collegiate Institute.
1857, Act 72, Eff. May 19, 1857
Section 390.701 Albion College; Creation; Board Of Trustees; Powers.
There is created a body corporate known as Albion college consisting of a board of trustees for the purpose of maintaining an institution of...
Section 390.701a Definitions.
As used in this act: (a) "Board of trustees" means the board of trustees of Albion college created in section 1. (b) "College" means...
Section 390.702 Board Of Trustees; Membership; Term Of Office; Limitation.
(1) The board of trustees of Albion college shall consist of not more than 33 trustees, consisting of the following: (a) The president of...
Section 390.702a Repealed. 1972, Act 137, Imd. Eff. May 18, 1972.
Compiler's Notes: The repealed section pertained to additional members of the board of trustees of Albion college.
Section 390.703 Board Of Trustees; Powers; Course Of Study; Conferring Of Degrees.
The said trustees shall have power to make by-laws for their own government and for the government of the institution; to elect or appoint...
Section 390.704 Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.
Compiler's Notes: The repealed section pertained to election of president of Albion college.
Section 390.705 Powers Of Corporation.
The said corporation shall be capable of suing and being sued and receiving by gift, will or bequest, property, real and personal, and of...
Section 390.705a Board Of Trustees; Custodians Of Endowment Funds.
The said board of trustees shall be the custodians of the endowment fund of said college and shall control the investment of the funds...
Section 390.706 Act Declared Public; Non-user Of Privileges; Misnomer In Instrument.
This act shall be and hereby is declared to be a public act; no non-user of any of the privileges hereby granted to the...
Section 390.707 Breach Of Trustee's Or Officer's Fiduciary Duty; Liability.
A volunteer trustee or a nontrustee volunteer who is an officer of the college has no personal liability to the college for monetary damages...
Section 390.707a Volunteer Trustee; Liability For Acts Or Omissions.
During the time that the college is tax exempt under section 501(c)(3) of the internal revenue code, 26 USC 501, the college assumes all...
Section 390.707b Volunteer Trustee Or Nontrustee Volunteer; Liability Of College; Conditions.
The college assumes the liability for all acts or omissions of a person who is a volunteer trustee or nontrustee volunteer occurring on or...
Section 390.707c Volunteer Trustee Or Nontrustee Volunteer; Liability For Claim For Monetary Damages.
A claim for monetary damages for an act or omission of a volunteer trustee or a nontrustee volunteer shall not be brought or maintained...
Section 390.708 Repealed. 2011, Act 220, Imd. Eff. Nov. 15, 2011.
Compiler's Notes: The repealed section pertained to appointment of visitors.
Last modified: October 10, 2016