Sec. 9.
All moneys, properties, or rights in action, equitably belonging to any society, union, or association at the time the same shall become incorporated under the provisions of this act, shall vest in the corporation so formed, and may be recovered by such corporation in an action of assumpsit, or on the case from any person unlawfully withholding the same.
History: 1885, Act 145, Eff. Sept. 19, 1885 ;-- How. 3934i ;-- CL 1897, 7459 ;-- CL 1915, 9831 ;-- CL 1929, 10298 ;-- CL 1948, 454.159
Structure Michigan Compiled Laws
Chapter 454 - Trade and Labor Associations
Act 145 of 1885 - Societies to Promote Interests of Trade and Labor (454.151 - 454.159)
Section 454.152 - Trade Promotion Societies; Corporate Name, Powers.
Section 454.153 - Trade Promotion Societies; Articles, Contents.
Section 454.154 - Trade Promotion Societies; By-Laws, Contents, Enforcement.
Section 454.155 - Trade Promotion Societies; Officers; Members; Board of Trustees.
Section 454.156 - Trade Promotion Societies; Board of Trustees, Powers, Quorum.
Section 454.159 - Trade Promotion Societies; New Corporation, Rights, Recovery.