Michigan Compiled Laws
Act 75 of 1995 - Empowerment Zone Development Corporation Act (125.2561 - 125.2591)
Section 125.2571 - Incorporation of More Than 1 Corporation Prohibited.

Sec. 11.
A municipality shall not approve incorporation of more than 1 corporation under this act.
History: 1995, Act 75, Imd. Eff. June 13, 1995

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 75 of 1995 - Empowerment Zone Development Corporation Act (125.2561 - 125.2591)

Section 125.2561 - Short Title.

Section 125.2563 - Legislative Findings.

Section 125.2565 - Definitions.

Section 125.2567 - Empowerment Zone Development Corporation; Application for Incorporation; Notice; Public Hearing; Process for Approving Articles of Incorporation and Bylaws.

Section 125.2569 - Articles of Incorporation; Filing; Validity.

Section 125.2571 - Incorporation of More Than 1 Corporation Prohibited.

Section 125.2573 - 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...

Section 125.2575 - Board of Directors; Appointment; Terms; Expiration of Term; Compensation and Expenses.

Section 125.2577 - Disclosure of Interest in Matter Before Corporation.

Section 125.2579 - Board of Directors; Quorum.

Section 125.2581 - Corporation; Powers and Duties.

Section 125.2583 - Corporation; Dissolution.

Section 125.2585 - Imposition of Sanctions; Basis; Approval.

Section 125.2587 - Proceedings Under Powers of Eminent Domain; Taking and Transfer of Property; Terms and Conditions.

Section 125.2589 - Construction of Act.

Section 125.2591 - Authority of Act in Addition to Power of Municipality.