Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 348 of 2018
House: Adjourned until Tuesday, November 27, 2018 1:30:00 PM
Senate: Adjourned until Tuesday, November 27, 2018 10:00:00 AM

Michigan Legislature

Main Content

Act 232 of 1863
Search within this Statute for


WATER POWER COMPANIES

Act 232 of 1863

AN ACT to provide for the incorporation of water power companies.


History: 1863, Act 232, Eff. June 22, 1863


© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 486.1SectionWater power companies; incorporators; notice of formation; articles of association, contents.
Section 486.2SectionArticles of association; signing, filing, evidence; body corporate, powers.
Section 486.3SectionBoard of directors; annual election, notice; officers, treasurer's bond; vacancy.
Section 486.4SectionMembership in association; procedure, rights.
Section 486.5SectionRepairs; permanent improvements, approval of members; expense.
Section 486.6SectionRepairs; statement, filing, contents.
Section 486.7SectionAssessment for repairs or improvements.
Section 486.8SectionAssessment; collection; non-payment, use of water prohibited.
Section 486.9SectionAssessment; notice to non-resident.
Section 486.10SectionAssessment; mortgage lien; preference.
Section 486.11SectionMortgage lien; certificate, contents, recording.
Section 486.12SectionMortgage lien; foreclosure.
Section 486.13SectionMortgage lien; commencement of suit after 60 days.
Section 486.14SectionMeetings of members of associations; notice, proof of service, filing.
Section 486.15SectionWatchman; appointment, duties, compensation.
Section 486.16SectionContracts made by board of directors.
Section 486.17SectionTreasurer; duties.
Section 486.18SectionAssessment; recovery, interest.
Section 486.19SectionDisposition of funds at annual meeting.
Section 486.20SectionBy-laws of association; regulations, promulgation, publishing, enforcement; meetings.
Section 486.21SectionStockholder's liability.
Section 486.22SectionTenants in common; consent for improvements and repairs, liability.
up icon