Michigan Compiled Laws
Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)
Section 450.159 - Church Trustee Corporations; Trustees, Election, Number; Certification of Election.

Sec. 159.
Church trustee corporations; election of trustees. When there is organized within this state any presbytery, diocesan convention, diocese, synod, conference, district or other organization, being an association of congregations or societies, or a quarterly conference of a station, mission, class, congregation, circuit or other organization of a religious denomination, which shall desire to possess corporate powers in order to effectuate the purposes of such organization or to create a corporate board of trustees for any endowment or other property of the denomination represented by such body, such diocese, presbytery, diocesan convention, synod, conference, board of district stewards, or a quarterly conference thereof, may, at a meeting thereof held and conducted according to the rules and regulations of such organization, association or quarterly conference, elect trustees in number not more than 9 nor less than 3, and also designate the corporate name by which such trustees and their successors in office shall be known. It shall be the duty of the officer presiding over such election to give to such trustees a certificate of their election under his hand and seal, specifying the name by which such trustees and their successors shall thereafter be known. They and their successors shall hold their offices for the term specified in such certificate of election, or until the organization or association first making such election elects others to succeed them. Such trustees, upon receiving certificates of their election, shall file articles in the manner provided in section 5 of this act and shall be subject to the provisions of this act relating to trustee corporations and are hereinafter called church trustee corporations. Such corporations shall be governed by the provisions of this act relating to trustee corporations except as specifically otherwise provided.
History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- CL 1948, 450.159 Compiler's Notes: The catchline following the act section number was incorporated as part of the section when the act was enacted.Former Law: See section 14 of Ch. I of Part IV of Act 84 of 1921, being CL 1929, § 10090.

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 450 - Corporations

Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)

Section 450.1-450.61 - Repealed. 1951, Act 239, Eff. Sept. 28, 1951;—1962, Act 174, Eff. Jan. 1, 1964;—1967, Act 67, Eff. Nov. 2, 1967;—1972, Act 284, Eff. Jan. 1, 1973.

Section 450.62-450.64 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.65-450.80 - Repealed. 1972, Act 284, Eff. Jan. 1, 1973.

Section 450.81 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.82-450.91a - Repealed. 1972, Act 284, Eff. Jan. 1, 1973.

Section 450.92 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.93-450.97 - Repealed. 1974, Act 140, Imd. Eff. June 5, 1974.

Section 450.98 - Applicability of Act to Corporations Limiting Dividends or Voting Rights, and Conducting Not More Than 50% of Business With Nonstockholders or Nonmembers; Classification of Corporations Organized Under MCL 450.98 to 450.109 as Profit...

Section 450.99 - Cooperative Plan; Definition; Allocation of Reserved Earnings; Cooperative Corporations; Use of Term “Cooperative,”“co-Op,” or Variation Thereof.

Section 450.100 - Cooperative Corporations; Shares of Stock, Contents.

Section 450.101 - Cooperative Corporations; Shareholders' Powers; Directors, Election, Term, Number; Voting.

Section 450.102 - Cooperative Corporations; Membership, Regulations.

Section 450.103 - Cooperative Corporations; Amendments to Articles.

Section 450.104 - Cooperative Corporations; Reserve Funds, Investment; Shareholders, Vote.

Section 450.105 - Cooperative Corporations; Purchase of Business; Payment, Methods.

Section 450.106 - Cooperative Corporations; Distribution of Dividends; Reserves; Distribution of Cooperative Dividends; Determining Annual Privilege Fee.

Section 450.107 - Cooperative Corporations; Surplus Earnings, Distribution; Failure, Penalty.

Section 450.108 - Cooperative Corporations; Dealing in Commodities; Contracts, Agreements.

Section 450.109 - Cooperative Corporations; Breach of Contract; Encouragement Prohibited; Penalty.

Section 450.117-450.132a - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.133 - Incorporation of Fraternal or Secret Societies; Parent Lodge.

Section 450.134 - Parent Corporations; Articles of Incorporation.

Section 450.135 - Parent Corporations; Ritual, Rules; Subordinate Lodges, Chartering.

Section 450.136 - Parent Corporations; Supervision, Subordinate Lodge.

Section 450.137 - Parent Corporations; Management, Secretary.

Section 450.138 - Parent Corporations; Name, Regulations.

Section 450.139 - Parent Corporations; Powers as to Property.

Section 450.140 - Parent Corporations; Government, Representative Form; First Annual Meeting.

Section 450.141 - Parent Corporations; Annual Meeting, Powers.

Section 450.142 - Local Lodges; Purpose.

Section 450.143 - Local Lodges; Articles of Incorporation.

Section 450.144 - Local Lodges; Powers as to Property; Parent Corporation, Supervision.

Section 450.145 - Local Lodges; Officers, Representatives.

Section 450.146 - Parent or Local Lodges; Powers of Non-Profit Corporation.

Section 450.147 - Parent or Local Lodges; Relief Funds, Raising, Payment From Treasury.

Section 450.148 - Trustee Corporations; Definition.

Section 450.149 - Trustee Corporations; Trustees, Vesting of Property; Trust Instrument, Definition.

Section 450.150 - Trustee Corporations; Articles of Incorporation.

Section 450.151 - Trustee Corporations; Officers.

Section 450.152 - Trustee Corporations; Powers as to Property.

Section 450.153 - Trustee Corporations; Property and Funds, Use, Investments.

Section 450.154 - Trustee Corporations; Trustees, Vacancy, Filling.

Section 450.155 - Trustee Corporations; Circuit Courts, Petition; Jurisdiction of Court.

Section 450.156 - Trustee Corporations; Act Amendment of Trustee Agreement.

Section 450.157 - Trustee Corporation; Hospitals; Asylums; Trustee Instrument; Indenturing or Apprenticing Destitute or Foundling Children; Withdrawal.

Section 450.158 - Trustee Corporations; Hospital, Asylum, Charitable Institution; Gifts, Acceptance.

Section 450.159 - Church Trustee Corporations; Trustees, Election, Number; Certification of Election.

Section 450.159a - Church Trustee Corporations; Trustees, Increase, Decrease; Resolutions, Adoption; Meetings, Terms; Additional Trustee, Election.

Section 450.160 - Church Trustee Corporations; Trustees, Vacancy, Filling.

Section 450.161 - Church Trustee Corporations; Powers as to Property.

Section 450.162 - Church Trustee Corporations; Investment, Powers, Certificate.

Section 450.163-450.167 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.167a - Henry Ford Trade School; Dissolution; Cancellation of Franchise; Assets, Disposal, Sale; Debts, Payment; Retirement Program; Payment of Dissolution Charges; Certificate, Filing, Contents.

Section 450.168 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.169 - Corporations to Provide Student Aid.

Section 450.170 - Educational Corporations; Incorporation.

Section 450.171 - Educational Corporations; Classification; Religious College Not Included; Filing of Articles of Incorporation; Statement; Guaranteed Annual Income as Credit to Capital; Use of "College", "University", or "Junior College" as Name; Ex...

Section 450.172 - Educational Foundations; Colleges, Establishment.

Section 450.173 - Educational Foundations; Articles of Incorporation, Contents, Amendment.

Section 450.174 - Educational Foundations; Property, Acceptance; Government.

Section 450.175 - Educational Foundations; Board of Directors, Trustees; Powers.

Section 450.176 - Educational Corporations; Holders of Diplomas or Certificates; Privilege or Immunity.

Section 450.177 - Educational Foundations; Inspection by State Board of Education, Time; Annual Report, Contents.

Section 450.178 - Ecclesiastical Corporations; Incorporation; Purpose.

Section 450.179 - Ecclesiastical Corporations; Articles of Incorporation.

Section 450.180 - Ecclesiastical Corporations; Articles, Execution, Contents; Receivership; Unclaimed Property, State.

Section 450.181 - Ecclesiastical Corporations; By-Laws.

Section 450.182 - Ecclesiastical Corporations; Articles, Amendment Procedure.

Section 450.183 - Ecclesiastical Corporations; Powers as to Property.

Section 450.184 - Ecclesiastical Corporations; Gifts, Acceptance, Investment.

Section 450.184a - Organization and Operation of Religious College by Ecclesiastical Corporation.

Section 450.185 - Ecclesiastical Corporations; Powers of Church Unrestricted.

Section 450.186 - Ecclesiastical Corporations; Sunday School, Religious Society; Incorporation.

Section 450.186a - Public Building Corporations; Incorporation; Contracts With State Administrative Board, Legislature's Approval.

Section 450.186b - Public Building Corporations; Powers as to Property; State Contracts, Leases; Bonds; By-Laws.

Section 450.186c - Public Building Corporations; Non-Profit Provisions, Applicability; Administration of Property and Accumulation; Rent to State; Fees, Purpose.

Section 450.186d - Public Building Corporations; Trustees, Number, Terms, Compensation; Members, Term, Admission.

Section 450.186e - Public Building Corporations; Winding Up Affairs by Legislature; Property, Conservation, Disposition.

Section 450.187 - Repealed. 1965, Act 161, Imd. Eff. July 15, 1965.

Section 450.187a - Repealed. 1970, Act 66, Imd. Eff. July 10, 1970.

Section 450.187b - Repealed. 1972, Act 284, Eff. Jan. 1, 1973.

Section 450.188, 450.189 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

Section 450.190 - Catchline Headings of Sections Not Part of Act.

Section 450.191 - Repeal of Acts and Parts of Acts; MCL 450.631 and 450.632 Inapplicable to Corporations Governed by This Act.

Section 450.192 - Saving Clause.