450.138 Parent corporations; name, regulations.
152 words·~1 min read·
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450.138 Parent corporations; name, regulations.
Sec. 138.
Same; name. No such parent corporation shall assume a name already in use by any other corporation, lodge, or society incorporated under the laws of this or any other state of the United States and admitted to do business in this state, nor any name which is so similar to that adopted by any other such lodge, or society as to lead to confusion or deception: Provided, That local or other subordinate jurisdictions shall in all cases use the name of the parent corporation in addition to some suitable local designation.
History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- CL 1948, 450.138
Compiler's Notes: The catchline following the act section number was incorporated as part of the section when the act was enacted.
Former Law: See section 6 of Ch. II of Part III of Act 84 of 1921, being CL 1929, § 10067.