Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 123 of 1995 - Enterprise Community Development Corporation Act (125.2601 - 125.2631)

Section 125.2601 - Short Title. - Sec. 1. This act shall be known and may be...

Section 125.2603 - Legislative Findings. - Sec. 3. There exists in this state the continuing need...

Section 125.2605 - Definitions. - Sec. 5. As used in this act: (a) "Board" means...

Section 125.2607 - Enterprise Community Development Corporation; Application for Incorporation; Notice; Public Hearing; Process for Approving Articles of Incorporation and Bylaws. - Sec. 7. (1) A written application may be made by...

Section 125.2609 - Articles of Incorporation; Filing; Validity. - Sec. 9. (1) If the governing body approves both the...

Section 125.2611 - Incorporation of More Than 1 Corporation Prohibited. - Sec. 11. A municipality shall not approve incorporation of more...

Section 125.2613 - Board of Directors; Determination of Size and Composition by Ordinance; Appointment; Removal; Qualifications, Selection, Vacancy, Number, and Demographic Diversity of Members; Executive Committee; Neighborhood Review Panel; Employm... - Sec. 13. (1) The size and composition of the board...

Section 125.2615 - Board of Directors; Appointment; Terms; Expiration of Term; Compensation and Expenses. - Sec. 15. (1) The board of directors shall be appointed...

Section 125.2617 - Disclosure of Interest in Matter Before Corporation. - Sec. 17. A director who has either a direct or...

Section 125.2619 - Board of Directors; Quorum. - Sec. 19. The number of board members required to make...

Section 125.2621 - Corporation; Powers and Duties. - Sec. 21. (1) The corporation has the powers and duties...

Section 125.2623 - Corporation; Dissolution. - Sec. 23. (1) A corporation that completes the duties enumerated...

Section 125.2625 - Imposition of Sanctions; Basis; Approval. - Sec. 25. The chief executive officer of the municipality may...

Section 125.2627 - Proceedings Under Powers of Eminent Domain; Taking and Transfer of Property; Terms and Conditions. - Sec. 27. In order to accomplish the purposes of this...

Section 125.2629 - Construction of Act. - Sec. 29. This act shall be liberally construed to effectuate...

Section 125.2631 - Authority of Act in Addition to Power of Municipality. - Sec. 31. The authority given by this act shall be...