Sec. 11.
No such city shall become the owner or holder of stock or shares in any incorporated company.
History: 1895, Act 215, Eff. Aug. 30, 1895 ;-- CL 1897, 3368 ;-- CL 1915, 3291 ;-- CL 1929, 2213 ;-- CL 1948, 113.11
Structure Michigan Compiled Laws
Chapters 81 - 113 - Fourth Class Cities
Act 215 of 1895 - The Fourth Class City Act (81.1 - 113.20)
215-1895-XXXIII - Chapter XXXIII Fourth Class Cities—miscellaneous. (113.1...113.20)
Section 113.3 - Reincorporation Under Act; Officers in Office Until Successors Qualify.
Section 113.4 - Reincorporation Under Act; Existing By-Laws, Ordinances.
Section 113.5 - Reincorporation Under Act; Special Assessments, Enforcement.
Section 113.6 - Reincorporation Under Act; Existing Licenses.
Section 113.7 - Reincorporation Under Act; First Election of Officers, Procedure.
Section 113.9 - Reincorporation Under Act; Platting of Lands; Liability of City for New Streets.
Section 113.10 - City; Definition.
Section 113.11 - City Not to Own Stock of Incorporated Companies.
Section 113.12 - Affidavit of Notice; Filing, Evidence.
Section 113.13 - Repealed. 1974, Act 345, Imd. Eff. Dec. 21, 1974.
Section 113.14 - Reincorporation From Fourth to Third Class Cities.
Section 113.16 - Vacating Incorporation of City; Prerequisite, Petition, Procedure.