457.73 Articles; constitution; filing; body corporate, powers.

200 words·~1 min read·/mi/chapter-457/457-73

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 3.

A copy of said articles of association together with a copy of the constitution of said union shall be filed with the secretary of state, and thereupon the persons who shall have signed said articles of association, their associates and successors, shall be a body corporate and politic and known in the law and in fact by the name heretofore designated and by that name they and their successors shall have succession and shall be a person in the law capable to purchase, take, receive, own and enjoy through them and their successors estates real and personal, of suing and being sued, and to have a common seal which may be altered or changed at their pleasure, and they and their successors shall have power to give, grant, sell, lease, demise and dispose of such real and personal estate or part thereof at their will and pleasure, and the proceeds, rents, and incomes shall be devoted exclusively to the charitable and benevolent purposes of the union.

History: 1893, Act 159, Imd. Eff. May 31, 1893 ;-- CL 1897, 7857 ;-- CL 1915, 10293 ;-- CL 1929, 10575 ;-- CL 1948, 457.73