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Code · Michigan · Chapter 450 — Corporations

450.3109 Requirements of MCL 460.1 et seq. not modified; effect of economic activity conducted by cooperative.

102 words·~1 min read·/mi/chapter-450/450-3109

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450.3109 Requirements of MCL 460.1 et seq. not modified; effect of economic activity conducted by cooperative.
Sec. 1109.
(1)This chapter does not modify the requirements of Act No. 3 of the Public Acts of 1939, being sections 460.1 to 460.8 of the Michigan Compiled Laws.
(2)The fact that a cooperative conducts economic activity under this act shall not alone cause the economic activity of the cooperative to be considered a conspiracy or combination in restraint of trade or an illegal monopoly, or an attempt to lessen competition or fix prices arbitrarily.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985
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