Michigan Compiled Laws
Act 123 of 1995 - Enterprise Community Development Corporation Act (125.2601 - 125.2631)
Section 125.2611 - 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 123, Imd. Eff. June 30, 1995

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Structure Michigan Compiled Laws

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.

Section 125.2603 - Legislative Findings.

Section 125.2605 - Definitions.

Section 125.2607 - Enterprise Community Development Corporation; Application for Incorporation; Notice; Public Hearing; Process for Approving Articles of Incorporation and Bylaws.

Section 125.2609 - Articles of Incorporation; Filing; Validity.

Section 125.2611 - Incorporation of More Than 1 Corporation Prohibited.

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...

Section 125.2615 - Board of Directors; Appointment; Terms; Expiration of Term; Compensation and Expenses.

Section 125.2617 - Disclosure of Interest in Matter Before Corporation.

Section 125.2619 - Board of Directors; Quorum.

Section 125.2621 - Corporation; Powers and Duties.

Section 125.2623 - Corporation; Dissolution.

Section 125.2625 - Imposition of Sanctions; Basis; Approval.

Section 125.2627 - Proceedings Under Powers of Eminent Domain; Taking and Transfer of Property; Terms and Conditions.

Section 125.2629 - Construction of Act.

Section 125.2631 - Authority of Act in Addition to Power of Municipality.