Michigan Compiled Laws § 455.220 Corporate Term Of Existence; Expiration; Cessation Of Jurisdiction.


455.220 Corporate term of existence; expiration; cessation of jurisdiction.

Sec. 20.

When a corporation, organized under this act, shall dissolve or its term of existence expires by limitation, all jurisdiction over streets, alleys and highways shall cease and the said streets, alleys and highways shall thereupon become dedicated to the use of the public, and in such case the lands of the members shall be cleared of all jurisdiction conferred by the provisions of this act.


History: 1929, Act 137, Eff. Aug. 28, 1929 ;-- CL 1929, 10382 ;-- CL 1948, 455.220


Section: Previous  455.207  455.208  455.209  455.210  455.211  455.212  455.213  455.214  455.215  455.216  455.217  455.218  455.219  455.220  

Last modified: October 10, 2016