Michigan Compiled Laws
Act 232 of 1863 - Water Power Companies (486.1 - 486.22)
Section 486.8 - Assessment; Collection; Non-Payment, Use of Water Prohibited.

Sec. 8.
The said assessment shall then be delivered to the treasurer of the association for collection, who shall proceed forthwith and shall demand payment from each person named in said assessment of the amount apportioned to him, and if any such person shall neglect or refuse to pay the amount within 5 days after such demand to the treasurer, the same may be sued for and recovered, as provided for in section 18 of this act. Or the board of directors of such water-power company, may, by resolution direct that no member of said company or occupant of such power, whose assessment has been due and unpaid for 30 days after notice in writing of such assessment, shall be permitted to draw water from the race of said water-power company until such assessment is paid, and such board of directors may, after the expiration of 30 days, after notice in writing as aforesaid, board up, or close the gate of flume of such delinquent member, or person, or owner, and keep the same closed until the assessments due as aforesaid have been paid.
History: 1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2752 ;-- How. 3881 ;-- Am. 1897, Act 32, Eff. Aug. 30, 1897 ;-- CL 1897, 6774 ;-- CL 1915, 8874 ;-- CL 1929, 11809 ;-- CL 1948, 486.8

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 486 - Water and Power Companies

Act 232 of 1863 - Water Power Companies (486.1 - 486.22)

Section 486.1 - Water Power Companies; Incorporators; Notice of Formation; Articles of Association, Contents.

Section 486.2 - Articles of Association; Signing, Filing, Evidence; Body Corporate, Powers.

Section 486.3 - Board of Directors; Annual Election, Notice; Officers, Treasurer's Bond; Vacancy.

Section 486.4 - Membership in Association; Procedure, Rights.

Section 486.5 - Repairs; Permanent Improvements, Approval of Members; Expense.

Section 486.6 - Repairs; Statement, Filing, Contents.

Section 486.7 - Assessment for Repairs or Improvements.

Section 486.8 - Assessment; Collection; Non-Payment, Use of Water Prohibited.

Section 486.9 - Assessment; Notice to Non-Resident.

Section 486.10 - Assessment; Mortgage Lien; Preference.

Section 486.11 - Mortgage Lien; Certificate, Contents, Recording.

Section 486.12 - Mortgage Lien; Foreclosure.

Section 486.13 - Mortgage Lien; Commencement of Suit After 60 Days.

Section 486.14 - Meetings of Members of Associations; Notice, Proof of Service, Filing.

Section 486.15 - Watchman; Appointment, Duties, Compensation.

Section 486.16 - Contracts Made by Board of Directors.

Section 486.17 - Treasurer; Duties.

Section 486.18 - Assessment; Recovery, Interest.

Section 486.19 - Disposition of Funds at Annual Meeting.

Section 486.20 - By-Laws of Association; Regulations, Promulgation, Publishing, Enforcement; Meetings.

Section 486.21 - Stockholder's Liability.

Section 486.22 - Tenants in Common; Consent for Improvements and Repairs, Liability.