Sec. 2.
The incorporators shall sign and acknowledge before some person authorized to take the acknowledgment of deeds, articles of association, of which a copy shall be filed with the corporation and securities bureau of the department of commerce; and upon the filing of such articles, duly executed and acknowledged as aforesaid, the said incorporators and those who may thereafter become associated with them shall become a body politic and corporate for the purposes set forth in said articles.
History: 1891, Act 28, Imd. Eff. Apr. 15, 1891 ;-- CL 1897, 7461 ;-- CL 1915, 9833 ;-- CL 1929, 10300 ;-- CL 1948, 454.202 ;-- Am. 1982, Act 80, Imd. Eff. Apr. 19, 1982
Structure Michigan Compiled Laws
Chapter 454 - Trade and Labor Associations
Act 28 of 1891 - Builders and Traders Exchanges (454.201 - 454.205)
Section 454.201 - Builders and Traders Exchanges; Incorporation, Purposes.
Section 454.203 - Builders and Traders Exchanges; Articles, Contents.
Section 454.204 - Builders and Traders Exchanges; Corporate Powers; Property Limitation.