Sec. 72.
(1) Except as provided in subsection (2), the term "consumer housing cooperative" shall be included as a part of the corporate name as set forth in the certificate of incorporation.
(2) This section shall not apply to a corporation organized before March 10, 1967, as a nonprofit cooperative corporation pursuant to sections 98 to 132 of Act No. 327 of the Public Acts of 1931, as amended, being sections 450.98 to 450.132 of the Michigan Compiled Laws.
History: Add. 1968, Act 343, Imd. Eff. July 19, 1968 ;-- Am. 1978, Act 192, Imd. Eff. June 4, 1978
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)
346-1966-5 - Chapter 5 (125.1471...125.1475)
Section 125.1471 - Consumer Housing Cooperatives; Incorporation.
Section 125.1472 - “Consumer Housing Cooperative” as Part of Corporate Name; Exception.
Section 125.1473 - Consumer Housing Cooperative; Articles of Incorporation.
Section 125.1475 - Articles of Incorporation; Filing, Approval of Authority.