Michigan Laws 454.203 – Builders and traders exchanges; articles, contents
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The articles of association shall contain:
First, The names of the persons associating in the first instance and their places of residence;
Terms Used In Michigan Laws 454.203
- annual meeting: when applied to townships, mean the annual meeting required by law to be held on the Saturday immediately preceding the first Monday in April. See Michigan Laws 8.3d
- 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.
Second, The name of such corporation, and the place where its office for the transaction of business is located, and the period for which it is incorporated, not exceeding 30 years;
Third, Definitely and distinctly the purposes for which the corporation is formed;
Fourth, The number of its directors, if any, and regular officers and the time and place of holding its annual meeting;
Fifth, The terms and conditions of membership therein.