Sec. 6.
No association shall hold any real estate hereafter acquired, for a longer period than 10 years, except such real estate as shall be actually occupied by it in the exercise of its franchises.
History: 1857, Act 188, Imd. Eff. Feb. 17, 1857 ;-- CL 1857, 1793 ;-- CL 1871, 2800 ;-- Am. 1873, Act 70, Imd. Eff. Apr. 3, 1873 ;-- How. 3929 ;-- CL 1897, 7428 ;-- CL 1915, 9800 ;-- CL 1929, 10267 ;-- CL 1948, 454.6
Structure Michigan Compiled Laws
Chapter 454 - Trade and Labor Associations
Act 188 of 1857 - Mechanics' Associations (454.1 - 454.11)
Section 454.1 - Mechanics' Associations; Incorporation, Purposes.
Section 454.3 - Mechanics' Associations; Articles, Contents.
Section 454.4 - Mechanics' Associations; Governing Law.
Section 454.6 - Mechanics' Associations; Property, Limitations.
Section 454.8 - Mechanics' Association; Annual Report, Contents; Neglect, Penalty.
Section 454.11 - Mechanics' Associations; Libraries, Maintenance and Regulation.