Michigan Compiled Laws
Chapter 455 - Summer Resort and Park Associations
Act 69 of 1887 - Suburban Homestead, Villa Park, and Summer Resort Associations (455.101 - 455.113)

Section 455.101 - Suburban Homestead, Villa Park and Summer Resort Associations; Incorporation; Purposes; Corporate Life; Trustees, Number, Election. - Sec. 1. That any number of persons not less than...

Section 455.102 - Certificate; Signing and Acknowledgment; Contents; Filing With Department of Commerce. - Sec. 2. The chairperson and secretary of the meeting shall...

Section 455.103 - Corporate Powers; Articles, Certified Copy as Evidence; Trustees, Powers. - Sec. 3. When a [the] certificate shall have been recorded...

Section 455.104 - Taking and Holding of Land by Incorporated Association; Purposes; Sale and Conveyance or Lease; Personal Property. - Sec. 4. Any association incorporated under this act may take...

Section 455.105 - Trustees; Election, Vacancy. - Sec. 5. The annual election of trustees shall be held...

Section 455.106 - Lots and Plots; Proceeds of Sale, Disposition. - Sec. 6. At least 60 per cent of the proceeds...

Section 455.107 - Lots and Plots; Purchase Agreement. - Sec. 7. Associations formed under the provisions of this act...

Section 455.108 - Lots and Plots; Plot Prerequisite to Sale. - Sec. 8. Before proceeding to sell any lots or plots...

Section 455.109 - Lots and Plots; Tax Assessment; Sale for Taxes, Association as Purchaser. - Sec. 9. All lots or plots sold shall be assessed...

Section 455.110 - Annual Report to Lot Owners; Special Election, Trustees, Appointment, Term. - Sec. 10. The trustees at each annual election shall make...

Section 455.111 - Property; Injury, Penalty; Trespass Action. - Sec. 11. Any person who shall willfully destroy, injure or...

Section 455.112 - Property; Acceptance of Gift, Devise or Bequest; Holding. - Sec. 12. Any association incorporated under this act may take...

Section 455.113 - Repeal or Amendment of Act; Dissolution; Effect. - Sec. 13. This act may at any time be altered,...