Main Content 346-1966-7 friendly link Printer Friendly index and updates Search within this Statute for STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966 (EXCERPT)Act 346 of 1966 Chapter 7 DocumentTypeDescription Section 125.1491SectionLimited dividend housing association; approval; membership. Section 125.1492SectionAssociation name. Section 125.1493SectionLimited dividend housing association; provisions of partnership agreement, joint venture agreement, trust agreement, or other document of basic organization. Section 125.1494SectionSurplus; definition. Section 125.1495SectionManaging agent; power of authority. Section 125.1496SectionBasic organization document; approval.