Michigan Laws 453.8 – Subordinate granges; by-laws, rules; business office, location; capital stock
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 453.8
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
Every county, district, and subordinate grange incorporated under this act, shall have power and authority to designate, elect, and appoint from its members such officers, under such name and style as shall be in accordance with the constitution of the national grange, and the regulations of the state grange, and as may be provided for in the articles of association or by-laws of the corporation; and shall also have authority to make all such by-laws, rules, and regulations, not repugnant to the laws of the United States or of this state, nor repugnant to the constitution and regulations of the national grange or state grange, as may be necessary and convenient for the regulation, management, and government of the affairs, business, property, and interests of the corporation; and may change the location of its business office whenever expedient, but notice of such change shall be filed and recorded in the office of the county clerk, where the record of its articles of association are kept. And every corporation organized under this act may, for the purpose of effecting the objects and purposes of the corporation, create a capital stock, and divide the same into convenient shares, and make all such rules and regulations in respect to the same, and the management thereof, and for the collection of assessments and calls upon such shares, as may be expedient.