MCL - Act 327 of 1931
AN ACT to provide for the organization, regulation and classification of corporations; to provide their rights, powers and immunities; to prescribe the conditions on which corporations may exercise their powers; to provide for the inclusion of certain existing corporations within the provisions of this act; to prescribe the terms and conditions upon which foreign corporations may be admitted to do business within this state; to require certain annual reports to be filed by corporations; to prescribe penalties for the violations of the provisions of this act; and to repeal certain acts and parts of acts relating to corporations.
History: 1931, Act 327, Eff. Sept. 18, 1931
| Document | Type | Description |
|---|---|---|
| Section 450.1-450.61 | Section | Repealed. 1951, Act 239, Eff. Sept. 28, 1951;—1962, Act 174, Eff. Jan. 1, 1964;—1967, Act 67, Eff. Nov. 2, 1967;—1972, Act 284, Eff. Jan. 1, 1973. |
| Section 450.62-450.64 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.65-450.80 | Section | Repealed. 1972, Act 284, Eff. Jan. 1, 1973. |
| Section 450.81 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.82-450.91a | Section | Repealed. 1972, Act 284, Eff. Jan. 1, 1973. |
| Section 450.92 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.93-450.97 | Section | Repealed. 1974, Act 140, Imd. Eff. June 5, 1974. |
| Section 450.98 | Section | Applicability of act to corporations limiting dividends or voting rights, and conducting not more than 50% of business with nonstockholders or nonmembers; classification of corporations organized under MCL 450.98 to 450.109 as profit and nonprofit. |
| Section 450.99 | Section | Cooperative plan; definition; allocation of reserved earnings; cooperative corporations; use of term “cooperative,”“co-op,” or variation thereof. |
| Section 450.100 | Section | Cooperative corporations; shares of stock, contents. |
| Section 450.101 | Section | Cooperative corporations; shareholders' powers; directors, election, term, number; voting. |
| Section 450.102 | Section | Cooperative corporations; membership, regulations. |
| Section 450.103 | Section | Cooperative corporations; amendments to articles. |
| Section 450.104 | Section | Cooperative corporations; reserve funds, investment; shareholders, vote. |
| Section 450.105 | Section | Cooperative corporations; purchase of business; payment, methods. |
| Section 450.106 | Section | Cooperative corporations; distribution of dividends; reserves; distribution of cooperative dividends; determining annual privilege fee. |
| Section 450.107 | Section | Cooperative corporations; surplus earnings, distribution; failure, penalty. |
| Section 450.108 | Section | Cooperative corporations; dealing in commodities; contracts, agreements. |
| Section 450.109 | Section | Cooperative corporations; breach of contract; encouragement prohibited; penalty. |
| Section 450.117-450.132a | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.133 | Section | Incorporation of fraternal or secret societies; parent lodge. |
| Section 450.134 | Section | Parent corporations; articles of incorporation. |
| Section 450.135 | Section | Parent corporations; ritual, rules; subordinate lodges, chartering. |
| Section 450.136 | Section | Parent corporations; supervision, subordinate lodge. |
| Section 450.137 | Section | Parent corporations; management, secretary. |
| Section 450.138 | Section | Parent corporations; name, regulations. |
| Section 450.139 | Section | Parent corporations; powers as to property. |
| Section 450.140 | Section | Parent corporations; government, representative form; first annual meeting. |
| Section 450.141 | Section | Parent corporations; annual meeting, powers. |
| Section 450.142 | Section | Local lodges; purpose. |
| Section 450.143 | Section | Local lodges; articles of incorporation. |
| Section 450.144 | Section | Local lodges; powers as to property; parent corporation, supervision. |
| Section 450.145 | Section | Local lodges; officers, representatives. |
| Section 450.146 | Section | Parent or local lodges; powers of non-profit corporation. |
| Section 450.147 | Section | Parent or local lodges; relief funds, raising, payment from treasury. |
| Section 450.148 | Section | Trustee corporations; definition. |
| Section 450.149 | Section | Trustee corporations; trustees, vesting of property; trust instrument, definition. |
| Section 450.150 | Section | Trustee corporations; articles of incorporation. |
| Section 450.151 | Section | Trustee corporations; officers. |
| Section 450.152 | Section | Trustee corporations; powers as to property. |
| Section 450.153 | Section | Trustee corporations; property and funds, use, investments. |
| Section 450.154 | Section | Trustee corporations; trustees, vacancy, filling. |
| Section 450.155 | Section | Trustee corporations; circuit courts, petition; jurisdiction of court. |
| Section 450.156 | Section | Trustee corporations; act amendment of trustee agreement. |
| Section 450.157 | Section | Trustee corporation; hospitals; asylums; trustee instrument; indenturing or apprenticing destitute or foundling children; withdrawal. |
| Section 450.158 | Section | Trustee corporations; hospital, asylum, charitable institution; gifts, acceptance. |
| Section 450.159 | Section | Church trustee corporations; trustees, election, number; certification of election. |
| Section 450.159a | Section | Church trustee corporations; trustees, increase, decrease; resolutions, adoption; meetings, terms; additional trustee, election. |
| Section 450.160 | Section | Church trustee corporations; trustees, vacancy, filling. |
| Section 450.161 | Section | Church trustee corporations; powers as to property. |
| Section 450.162 | Section | Church trustee corporations; investment, powers, certificate. |
| Section 450.163-450.167 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.167a | Section | Henry Ford trade school; dissolution; cancellation of franchise; assets, disposal, sale; debts, payment; retirement program; payment of dissolution charges; certificate, filing, contents. |
| Section 450.168 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.169 | Section | Corporations to provide student aid. |
| Section 450.170 | Section | Educational corporations; incorporation. |
| Section 450.171 | Section | Educational corporations; classification; religious college not included; filing of articles of incorporation; statement; guaranteed annual income as credit to capital; use of "college", "university", or "junior college" as name; expansion of program; reopening of educational corporation; requirements; definitions. |
| Section 450.172 | Section | Educational foundations; colleges, establishment. |
| Section 450.173 | Section | Educational foundations; articles of incorporation, contents, amendment. |
| Section 450.174 | Section | Educational foundations; property, acceptance; government. |
| Section 450.175 | Section | Educational foundations; board of directors, trustees; powers. |
| Section 450.176 | Section | Educational corporations; holders of diplomas or certificates; privilege or immunity. |
| Section 450.177 | Section | Educational foundations; inspection by state board of education, time; annual report, contents. |
| Section 450.178 | Section | Ecclesiastical corporations; incorporation; purpose. |
| Section 450.179 | Section | Ecclesiastical corporations; articles of incorporation. |
| Section 450.180 | Section | Ecclesiastical corporations; articles, execution, contents; receivership; unclaimed property, state. |
| Section 450.181 | Section | Ecclesiastical corporations; by-laws. |
| Section 450.182 | Section | Ecclesiastical corporations; articles, amendment procedure. |
| Section 450.183 | Section | Ecclesiastical corporations; powers as to property. |
| Section 450.184 | Section | Ecclesiastical corporations; gifts, acceptance, investment. |
| Section 450.184a | Section | Organization and operation of religious college by ecclesiastical corporation. |
| Section 450.185 | Section | Ecclesiastical corporations; powers of church unrestricted. |
| Section 450.186 | Section | Ecclesiastical corporations; Sunday school, religious society; incorporation. |
| Section 450.186a | Section | Public building corporations; incorporation; contracts with state administrative board, legislature's approval. |
| Section 450.186b | Section | Public building corporations; powers as to property; state contracts, leases; bonds; by-laws. |
| Section 450.186c | Section | Public building corporations; non-profit provisions, applicability; administration of property and accumulation; rent to state; fees, purpose. |
| Section 450.186d | Section | Public building corporations; trustees, number, terms, compensation; members, term, admission. |
| Section 450.186e | Section | Public building corporations; winding up affairs by legislature; property, conservation, disposition. |
| Section 450.187 | Section | Repealed. 1965, Act 161, Imd. Eff. July 15, 1965. |
| Section 450.187a | Section | Repealed. 1970, Act 66, Imd. Eff. July 10, 1970. |
| Section 450.187b | Section | Repealed. 1972, Act 284, Eff. Jan. 1, 1973. |
| Section 450.188, 450.189 | Section | Repealed. 1982, Act 162, Eff. Jan. 1, 1983. |
| Section 450.190 | Section | Catchline headings of sections not part of act. |
| Section 450.191 | Section | Repeal of acts and parts of acts; MCL 450.631 and 450.632 inapplicable to corporations governed by this act. |
| Section 450.192 | Section | Saving clause. |