Michigan Compiled Laws
Act 137 of 1929 - Incorporation of Summer Resort Owners (455.201 - 455.220)
Section 455.208 - Annual Meeting; Trustees, Election, Report.

Sec. 8.
The annual meeting of such association shall be held in its own county between June first and August thirty-first of each year, at such time and place as may be fixed by the board of trustees and such meeting may adjourn from day to day as may be necessary for the transaction of its business. At each annual meeting there shall be elected such number of trustees as shall be necessary to fill the places of trustees whose terms of office then expire, and all vacancies on such board. Such election shall be by ballot and choice of trustees shall be by a majority of all votes cast. Members may vote in person or by proxy filed with the secretary. Each member shall be entitled to 1 vote. Husbands and wives, owning property by entireties, shall each be entitled to 1 vote. Membership shall terminate upon the alienation of the property of a member. At each annual meeting the trustees shall make a report, in writing, of the management of the business of the corporation, the condition of its property, its assets and liabilities, and upon such other matters as may be proper and of general interest to the members.
History: 1929, Act 137, Eff. Aug. 28, 1929 ;-- CL 1929, 10370 ;-- CL 1948, 455.208

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 455 - Summer Resort and Park Associations

Act 137 of 1929 - Incorporation of Summer Resort Owners (455.201 - 455.220)

Section 455.201 - Summer Resort Owners; Incorporation, Purpose.

Section 455.202 - Articles of Association; Contents.

Section 455.203 - Execution and Acknowledgment of Articles of Association; Filing Articles With Department of Commerce; Classification of Corporation as Nonprofit.

Section 455.204 - Corporate Powers and Liabilities; Property Ownership, Limitation.

Section 455.205 - Property; Sale and Disposition, Proceedings.

Section 455.206 - Membership; Eligibility; Corporate Jurisdiction as to Property of Nonmembers; Election.

Section 455.206a - Election and Registration; Notice.

Section 455.206b - Registration Board; Appointment, Duties.

Section 455.206c - Election; Voters, Eligibility.

Section 455.206d - Election Board; Polls, Hours Open.

Section 455.206e - Election; Adoption of Resolution, Record.

Section 455.207 - Members; Grant of Authority, Procedure.

Section 455.208 - Annual Meeting; Trustees, Election, Report.

Section 455.209 - Board of Trustees; Officers, Quorum, Vacancy.

Section 455.210 - Board of Trustees; Powers.

Section 455.211 - Corporate Jurisdiction; Liability for Condition of Streets.

Section 455.212 - By-Laws; Enactment, Authority of Board of Trustees.

Section 455.213 - By-Laws; Effective Date, Posting.

Section 455.214 - By-Laws; Violation, Penalty.

Section 455.215 - Marshal; Powers, Compensation, Removal.

Section 455.216 - Marshal; Authority Over Person Arrested.

Section 455.217 - Public Utilities; Corporate Authority.

Section 455.218 - Lands Owned by Corporation; Annexation to City.

Section 455.219 - Members; Dues and Assessments.

Section 455.220 - Corporate Term of Existence; Expiration; Cessation of Jurisdiction.