May 1, 2008, Introduced by Reps. Meadows, Sak, Farrah, Virgil Smith, Shaffer, Wojno, Hammon, Accavitti, Amos, Pavlov, Knollenberg, Condino, Green, Dean and Cushingberry and referred to the Committee on Regulatory Reform.
A bill to amend 1882 (Ex Sess) PA 13, entitled
"An act to authorize the formation of vault associations in the
state of Michigan for the purpose of preserving and protecting
bodies of deceased persons before burial; and to impose certain
duties upon the department of commerce,"
by amending section 1 (MCL 456.251), as amended by 1982 PA 112.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
1. (1) That any 5 Five or more persons
desirous to
organize an association for the purpose of preserving and
protecting bodies of deceased persons before burial, may execute
under their hands and acknowledge before some person authorized to
take the acknowledgment of deeds, the duplicate articles of
agreement, as hereinafter specified, 1 copy whereof shall be filed
with
the corporation and securities bureau of commercial services
of
the department of commerce labor
and economic growth, and upon
the execution and acknowledgment of such articles and the filing
thereof, the signers thereof, and those who may hereafter become
associated with them, shall become a body politic and corporate for
the purpose set forth in said articles.
(2) A corporation formed for the purpose described in
subsection (1) may be formed under the business corporation act,
1972 PA 284, MCL 450.1101 to 450.2098, instead of under this act.
(3) The cemetery commissioner, as further described in the
cemetery regulation act, 1968 PA 251, MCL 456.521 to 456.543, has
authority to investigate a corporation formed under this act for
violations of this act regarding the trusting or escrowing of money
under this act for any purpose.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No.____ or House Bill No. 6033(request no.
03313'07 **) of the 94th Legislature is enacted into law.