Michigan Compiled Laws Act 137 Of 1929 Incorporation Of Summer Resort Owners (455.201 - 455.220)

AN ACT to authorize the formation of corporations by summer resort owners; to authorize the purchase, improvement, sale, and lease of lands; to authorize the exercise of certain police powers over the lands owned by said corporation and within its jurisdiction; to impose certain duties on the department of commerce; and to provide penalties for the violation of by-laws established under police powers.

History: 1929, Act 137, Eff. Aug. 28, 1929 ;-- Am. 1982, Act 89, Imd. Eff. Apr. 19, 1982

Section 455.201 Summer Resort Owners; Incorporation, Purpose.
That any number of freeholders, not less than 10, who may desire to form a summer resort owners corporation for the better welfare of...
Section 455.202 Articles Of Association; Contents.
The persons so associating shall subscribe and verify articles of association stating: First: The corporate name chosen; Second: The names and residences of the...
Section 455.203 Execution And Acknowledgment Of Articles Of Association; Filing Articles With Department Of Commerce; Classification Of Corporation As Nonprofit.
The execution of such articles of association shall be acknowledged by the persons signing the same before some officer authorized to take the acknowledgment...
Section 455.204 Corporate Powers And Liabilities; Property Ownership, Limitation.
On compliance with the foregoing provisions of this act, the persons so associating, their successors and assigns, shall become and be a body politic...
Section 455.205 Property; Sale And Disposition, Proceedings.
The trustees of such corporation, when thereunto authorized, by majority vote of the members of such corporation voting thereon at any annual meeting, or...
Section 455.206 Membership; Eligibility; Corporate Jurisdiction As To Property Of Nonmembers; Election.
Persons eligible to membership in said corporation, at any and all times, must be freeholders of land in the county of its organization and...
Section 455.206a Election And Registration; Notice.
For the foregoing purpose the said board of trustees or board of directors shall cause a notice of such election and notice of registration...
Section 455.206b Registration Board; Appointment, Duties.
The board of trustees or board of directors shall cause a 3 man board of registration to be appointed who shall establish a set...
Section 455.206c Election; Voters, Eligibility.
For the purpose of such election all freeholders who have resided week-ends in the territory to be affected for a period 1 month prior...
Section 455.206d Election Board; Polls, Hours Open.
The board of trustees or board of directors of such summer resort incorporation shall appoint an election board of 5 members who shall keep...
Section 455.206e Election; Adoption Of Resolution, Record.
If a majority of the said qualified voters of the entire territory comprised in the territorial description contained in the notice of election shall...
Section 455.207 Members; Grant Of Authority, Procedure.
Members admitted to said corporation at its organization and afterwards, shall file with the secretary of said corporation a writing, subscribed, witnessed and acknowledged,...
Section 455.208 Annual Meeting; Trustees, Election, Report.
The annual meeting of such association shall be held in its own county between June first and August thirty-first of each year, at such...
Section 455.209 Board Of Trustees; Officers, Quorum, Vacancy.
Immediately following the election of trustees, the trustees so chosen shall elect a president, vice-president, secretary and treasurer from their members, who shall hold...
Section 455.210 Board Of Trustees; Powers.
The board of trustees shall have the management and control of all the business and all the property, real and personal, of the corporation...
Section 455.211 Corporate Jurisdiction; Liability For Condition Of Streets.
Such corporation, through its properly delegated officers, shall have jurisdiction over the lands owned by the corporation and over the lands owned by the...
Section 455.212 By-laws; Enactment, Authority Of Board Of Trustees.
The board of trustees shall have the authority to enact by-laws, subject to repeal or modification by the members at any regular or special...
Section 455.213 By-laws; Effective Date, Posting.
All by-laws, so established by the corporation, shall take effect 10 days after passage and each of said by-laws shall be posted conspicuously in...
Section 455.214 By-laws; Violation, Penalty.
Any person who shall violate any of such by-laws shall be deemed guilty of a misdemeanor and upon conviction thereof shall be punished by...
Section 455.215 Marshal; Powers, Compensation, Removal.
The board of trustees may appoint a marshal, whose duties shall be to enforce the by-laws of said corporation. Said marshal shall have the...
Section 455.216 Marshal; Authority Over Person Arrested.
The marshal shall have authority to take any person arrested before the district or municipal court of the judicial district or municipality in which...
Section 455.217 Public Utilities; Corporate Authority.
The corporation shall have authority to provide a water system for its members and occupants, a sewage system, fire protection and electric light service....
Section 455.218 Lands Owned By Corporation; Annexation To City.
Lands owned by the said corporation and its members may not be annexed to any city or village without the consent of a 2/3...
Section 455.219 Members; Dues And Assessments.
(1) The board of trustees may require that the members of a corporation pay annual dues and special assessments for any purpose authorized under...
Section 455.220 Corporate Term Of Existence; Expiration; Cessation Of Jurisdiction.
When a corporation, organized under this act, shall dissolve or its term of existence expires by limitation, all jurisdiction over streets, alleys and highways...

Last modified: October 10, 2016