Michigan Compiled Laws
Act 28 of 1891 - Builders and Traders Exchanges (454.201 - 454.205)
Section 454.201 - Builders and Traders Exchanges; Incorporation, Purposes.

Sec. 1.
That any number of persons, not less than 3, may associate themselves together and become incorporated as a builders or a builders and traders exchange for the purpose of providing and regulating suitable rooms or places of meeting; to promote mechanical and industrial interests, to inculcate just and equitable principles of trade, to establish and maintain uniformity in commercial usages, by rules and regulations; to acquire, preserve and disseminate valuable business information; to adjust differences and settle disputes between members, or between members and others; and for other purposes conducive to the interests of members thereof.
History: 1891, Act 28, Imd. Eff. Apr. 15, 1891 ;-- CL 1897, 7460 ;-- CL 1915, 9832 ;-- CL 1929, 10299 ;-- CL 1948, 454.201

Structure Michigan Compiled Laws