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Michigan Compiled Laws Complete Through PA 19 of 2024
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Act 69 of 1887
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SUBURBAN HOMESTEAD, VILLA PARK, AND SUMMER RESORT ASSOCIATIONS

Act 69 of 1887

AN ACT to authorize the incorporation of suburban homestead, villa park and summer resort associations; and to impose certain duties on the department of commerce.


History: 1887, Act 69, Imd. Eff. Apr. 15, 1887 ;-- Am. 1982, Act 86, Imd. Eff. Apr. 19, 1982




The People of the State of Michigan enact:

DocumentTypeDescription
Section 455.101SectionSuburban homestead, villa park and summer resort associations; incorporation; purposes; corporate life; trustees, number, election.
Section 455.102SectionCertificate; signing and acknowledgment; contents; filing with department of commerce.
Section 455.103SectionCorporate powers; articles, certified copy as evidence; trustees, powers.
Section 455.104SectionTaking and holding of land by incorporated association; purposes; sale and conveyance or lease; personal property.
Section 455.105SectionTrustees; election, vacancy.
Section 455.106SectionLots and plots; proceeds of sale, disposition.
Section 455.107SectionLots and plots; purchase agreement.
Section 455.108SectionLots and plots; plot prerequisite to sale.
Section 455.109SectionLots and plots; tax assessment; sale for taxes, association as purchaser.
Section 455.110SectionAnnual report to lot owners; special election, trustees, appointment, term.
Section 455.111SectionProperty; injury, penalty; trespass action.
Section 455.112SectionProperty; acceptance of gift, devise or bequest; holding.
Section 455.113SectionRepeal or amendment of act; dissolution; effect.
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