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Terms Used In Michigan Laws 453.231

  • 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
     Any 10 or more persons, inhabitants of this state, who shall desire to form an agricultural or horticultural society in any county, township, city or village, or in any 2 or more of them, being contiguous, in this state, may make, sign and acknowledge articles of association, before any officer authorized to take acknowlegments of deeds in this state, and file the same in the corporation and securities bureau of the department of commerce. The articles shall state the name by which such society shall be known in law, the particular business and objects of such society, the number of trustees, directors or managers, who shall manage the same; and the names of such directors, trustees or managers thereof for the first year of its existence.