Michigan Compiled Laws
Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72)
Section 455.65 - Property; Disposition; Conflict of Powers and Duties.

Sec. 15.
Every corporation organized under the provisions of this act may, at any time within 2 years next preceding the time fixed for the termination of its existence, make such disposition of its property, real and personal, as a 2/3 majority of the members present and voting at an annual meeting may, by vote, direct: And provided, That at the time of organization or whenever during the existence of any such corporation the lands of such association shall be embraced within the corporate limits of any city or village, that then the powers and obligations herein conferred upon such association and its officers partaking of a public or municipal nature, so far as the same shall conflict or interfere with the powers and duties of such city or village, those of said association shall to that extent be suspended and the provisions of this act are and shall be limited in their operation in that regard.
History: 1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983f ;-- CL 1897, 7653 ;-- CL 1915, 10076 ;-- CL 1929, 10341 ;-- CL 1948, 455.65

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 455 - Summer Resort and Park Associations

Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72)

Section 455.51 - Summer Resort and Assembly Associations; Incorporation, Purpose.

Section 455.52 - Articles of Association; Capital Stock; Reorganization.

Section 455.53 - Execution of Articles of Association; Acknowledgment; Filing Articles With Department of Commerce; Certification.

Section 455.54 - Powers, Privileges, and Liabilities of Incorporated Association; Limitation on Land Holdings; Voting.

Section 455.55 - Corporation; Powers.

Section 455.56 - Annual Meeting; Place; Board of Trustees, Report, Powers.

Section 455.57 - Board of Trustees; Quorum, Vacancy; Election of Officers, Terms.

Section 455.58 - Board of Trustees; Powers; Annual Meeting; Streets, Control.

Section 455.59 - Board of Trustees; By-Laws and Orders, Amendment, Rescission.

Section 455.60 - Violation of By-Laws; Penalty.

Section 455.61 - Marshal; Appointment by Board of Trustees, Compensation, Duties, Removal, Powers, Responsibility.

Section 455.62 - Marshal; Authority Over Person Arrested.

Section 455.63 - Property; Injury or Destruction, Penalty.

Section 455.64 - Property; Taxation, Exemption.

Section 455.65 - Property; Disposition; Conflict of Powers and Duties.

Section 455.66 - Assessment of Association.

Section 455.67 - Assessment; Collection From Members.

Section 455.68 - Board of Assessors; Election, Terms, Vacancy.

Section 455.69 - Board of Assessors; Members, Assessment; Trustees, Report; Interest; Fees.

Section 455.70 - Board of Assessors; Report; Board of Trustees, Additions and Corrections.

Section 455.71 - Board of Assessors; Report, Majority Rule.

Section 455.72 - Highway Assessments; Expenditure.