Michigan Compiled Laws Act 72 Of 1857 Albion College (390.701 - 390.708)

• 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• Section 390.702a Repealed. 1972, Act 137, Imd.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  Compiler's Notes: The repealed section pertained to additional members of the board of trustees of Albion college.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• Section 390.704 Repealed. 2011, Act 220, Imd.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  Compiler's Notes: The repealed section pertained to election of president of Albion college.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