Michigan Laws 454.153 – Trade promotion societies; articles, contents
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The articles of association shall state:
First, The names of persons associating in the first instance with their places of residence;
Terms Used In Michigan Laws 454.153
- 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.
- 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
Second, The purposes of the association, conforming with the provisions of this act;
Third, The corporate name and period of incorporation, not to exceed a period of 30 years;
Fourth, The terms, conditions, and qualifications of membership in the corporation;
Fifth, The officers and committees created, with the names of officers and members of committees first selected, the terms of such officers and members, and the time of holding an annual meeting.