reglab/housing_qa huggingface dataset:
MI Comp L § 486.401 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 82 of 1901 - Water Supply Companies; Continuance of Corporate Life (486.401 - 486.402)|Section 486.401 - Municipal Water Supply Companies; Continuance of Corporate Life, Procedure; Prima Facie Evidence.

486.401 Municipal water supply companies; continuance of corporate life, procedure; prima facie evidence. Sec. 1.  It shall be lawful for any corporation heretofore or hereafter organized under the laws of this state for the purpose of the introduction of water into towns, cities and villages, whose corporate existence is about to terminate by limitation of law, at its annual meeting next preceding, or at a special meeting called for that purpose, to be held within 1 year immediately preceding the date of such termination, by a vote of 2/3 of its capital stock, to direct the continuance of its corporate existence for such further term, not exceeding 30 years, as may be expressed in a resolution passed for that purpose. Upon the adoption of such resolution by the stockholders, at such meeting, it shall be the duty of the president and secretary of the corporation to make, sign and acknowledge duplicate articles of association, as in case of a new corporation, to which shall be appended a copy of the proceedings of such stockholders' meeting, certified by the secretary and verified by his oath, which articles of association shall be filed with the secretary of state and with the county clerk of the county where the corporation carries on its business, and be by them recorded in their respective offices at the expense of said corporation, and the copies so filed, the record thereof, or a certified copy of either of such records, shall be prima facie evidence of the facts therein recited. History: 1901, Act 82, Imd. Eff. Apr. 23, 1901 ;-- CL 1915, 11300 ;-- CL 1929, 11896 ;-- CL 1948, 486.401
MI Comp L § 486.402 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 82 of 1901 - Water Supply Companies; Continuance of Corporate Life (486.401 - 486.402)|Section 486.402 - Renewed Corporation; Rights and Duties.

486.402 Renewed corporation; rights and duties. Sec. 2.  The renewed term of such corporation shall begin from the expiration of the former term thereof, and the corporation thus renewed shall hold and own all the property held and owned by the corporation before renewal, and shall be liable to all its debts, liabilities and obligations, and entitled to all its rights, privileges and franchises, as fully as if the former corporate term had not expired; and the directors and officers, who were such in fact at the time of the meeting, shall hold and continue in their offices until their successors shall be elected and shall qualify: Provided, nevertheless, That if the call for the meeting to extend the corporate term shall embrace a notice that a number of the directors will be elected at such meeting, such election may be then held accordingly, and the directors then elected shall, when they shall qualify, become and be the directors of such renewed corporation: Provided further, That nothing herein contained shall be construed as extending any franchise granted by any municipality for a period of years longer than the original grant. History: 1901, Act 82, Imd. Eff. Apr. 23, 1901 ;-- CL 1915, 11301 ;-- CL 1929, 11897 ;-- CL 1948, 486.402
MI Comp L § 486.501 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.501 - Corporations to Supply Water to Townships; Incorporators.

486.501 Corporations to supply water to townships; incorporators. Sec. 1.  Whenever the township board of a township or the township boards of 2 or more townships shall, by resolution, declare that it is expedient to have constructed a works, plant or system for the supplying of water to such township or townships or the inhabitants thereof, but that it is inexpedient for such township or townships to build such works, plant and system, or either of the same, or some part or parts thereof, it shall be lawful for one or more persons to form a corporation to construct such waterworks, plant and system or some part or parts thereof under the provisions of this act, and any corporation so formed may incorporate under the provisions of, be subject to all of the provisions of, and carry on its business pursuant to the provisions of, the general corporation laws of this state pertaining to corporations for pecuniary profit. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.502 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.502 - Contracts; Corporate Powers; Written Consent for Use of Street, Highway or Alley to Lay Pipe or Main.

486.502 Contracts; corporate powers; written consent for use of street, highway or alley to lay pipe or main. Sec. 2.  Any corporation so formed under this act shall have the power to contract with any township or townships for the sale of water to said township or townships; and for that purpose it is authorized and empowered to buy, hold and sell real and personal property and to erect and maintain all necessary and convenient buildings, fixtures, machinery and other appurtenances, and, subject to the provisions of this act, to lay water pipes or mains in, across and through the public streets, highways or alleys in said township or townships: Provided, however, That before laying any pipe or main in, across or through any public street, highway or alley such corporation shall first procure the written consent of the state highway commissioner if such street, highway or alley be under his control and jurisdiction, or of the board of county road commissioners if such street, alley or highway be under the control and jurisdiction of such board, or of the township board of the township if the street, highway or alley be under the control and jurisdiction of such township board. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.503 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.503 - Great Lakes Waters; Construction of Works.

486.503 Great Lakes waters; construction of works. Sec. 3.  Such corporation may take water from any of the Great Lakes and from Lake St. Clair, or any of the bays thereof and divert and conduct such water to any such township or townships. Such corporation shall have the right to construct and maintain such intakes, cribs and other machinery, and works on or in said waters as may be necessary to divert said water, and may lay and construct any pipes, conduits, aqueducts, wells or reservoirs or other works and machinery necessary for or incident to said purposes. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.504a (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.504a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

486.504a Violation of MCL 168.1 to 168.992 applicable to petitions; penalties. Sec. 4a.  A petition under section 4, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 PA 116, MCL 168.488. A person who violates a provision of the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992, applicable to a petition described in this section is subject to the penalties prescribed for that violation in the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992. History: Add. 1998, Act 185, Eff. Mar. 23, 1999
MI Comp L § 486.505 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.505 - Townships Contracting for Purchase of Water; Ordinance Effective; Contract Execution.

486.505 Townships contracting for purchase of water; ordinance effective; contract execution. Sec. 5.  As soon as any such ordinance becomes effective the township board may authorize the execution of any such contract as is herein contemplated on behalf of the township by any 2 or more of its officers, and when such contract has been properly executed by such corporation the same shall constitute a binding agreement and obligation on the part of the township and upon the part of the said corporation. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.506 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.506 - Townships Contracting for Purchase of Water; Renewal, Extension or Amendment of Contract.

486.506 Townships contracting for purchase of water; renewal, extension or amendment of contract. Sec. 6.  After any such contract has once been entered into, the same may be renewed, extended or amended, but any renewal, extension or amendment must be done and made in full compliance with all of the provisions of this act the same as though a new contract was being entered into in the beginning. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.507 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.507 - Purchase of Waterworks; Procedure.

486.507 Purchase of waterworks; procedure. Sec. 7.  At any time after the construction of a waterworks by a corporation in furtherance of its contract between the corporation and a township for the sale of water by the corporation to the township, any township so contracting with the corporation may, upon an affirmative vote of a majority of the electors of such township qualified to vote and voting thereon, at a general or special election, enter into a contract with the corporation for the purchase of all the waterworks, real and personal property and machinery of the corporation at such price and upon such terms as may be agreed upon. The purchase of the waterworks, goods and chattels and real and personal property of the corporation by any township shall be in accordance with the provisions of Act No. 116 of the Public Acts of 1923, as amended, being sections 41.411 to 41.414, inclusive, of the Compiled Laws of 1948, or any other act or acts which may be applicable and appropriate thereto. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 486.508 (2021)
2021 Michigan Compiled Laws|Chapter 486 - Water and Power Companies|Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)|Section 486.508 - Township Water System Act of 1956; Short Title.

486.508 Township water system act of 1956; short title. Sec. 8.  This act shall be known and may be cited as the “township water system act of 1956”. History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
MI Comp L § 487.691 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 349 of 1925 - Adverse Claim to Bank Deposit (487.691 - 487.691)|Section 487.691 - Adverse Claim to Bank Deposit; Notice; Restraining Order; Exception.

487.691 Adverse claim to bank deposit; notice; restraining order; exception. Sec. 1.  Notice to any bank or trust company doing business in this state of an adverse claim to a deposit standing on its books to the credit of any person shall not be effectual to cause said bank to recognize said adverse claimant unless said adverse claimant shall also either procure a restraining order, injunction or other appropriate process against said bank from a court of competent jurisdiction in a cause therein instituted by him wherein the person to whose credit the deposit stands is made a party and served with summons, or shall execute to said bank, in form and with sureties acceptable to it a bond, indemnifying said bank from any and all liability, loss, damage, costs and expenses for and on account of the payment of such adverse claim or the dishonor of the check or other order of the person to whose credit the deposit stands on the books of said bank: Provided, That this law shall not apply in any instance where the person to whose credit the deposit stands is a fiduciary for such adverse claimant, and the facts constituting such relationship, as also the facts showing reasonable cause of belief on the part of the said claimant that the said fiduciary is about to misappropriate said deposit, are made to appear by the affidavit of such claimant. History: 1925, Act 349, Eff. Aug. 27, 1925 ;-- CL 1929, 12068 ;-- CL 1948, 487.691
MI Comp L § 487.701 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 248 of 1909 - Payment of Deposits (487.701 - 487.703)|Section 487.701 - Minor's Deposit; Payment; Receipt or Acquittance Sufficient.

487.701 Minor's deposit; payment; receipt or acquittance sufficient. Sec. 1.  When any deposit of money shall be made in any bank or trust company by or in the name of any minor, the same shall be held for the exclusive right and benefit of such minor, and shall be paid, together with the dividends and interest thereon to the person in whose name the deposit shall have been made, and the receipt or acquittance of such minor shall be a valid and sufficient release and discharge for such deposit, or any part thereof to the corporation. History: 1909, Act 248, Eff. Sept. 1, 1909 ;-- CL 1915, 8038 ;-- CL 1929, 12061 ;-- CL 1948, 487.701
MI Comp L § 487.702 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 248 of 1909 - Payment of Deposits (487.701 - 487.703)|Section 487.702 - Trust Deposit; Death of Trustees; Payment of Deposit; Receipt or Acquittance as Release and Discharge.

487.702 Trust deposit; death of trustees; payment of deposit; receipt or acquittance as release and discharge. Sec. 2.  (1) If a deposit of money shall be made in a bank or trust company by a person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, if the trustee dies, or if there is more than 1 trustee, all of the trustees have died, the deposited money, together with the dividends or interest on the money, shall be paid to the person for whom the deposit was made.  (2) If the balance of the deposit exceeds $5,000.00 and the person to whom the payment is to be made is under the age of 18 years, the deposit shall be paid only to his or her legally appointed guardian.  (3) If the balance of the deposit is less than $5,000.00 and the person to whom the payment is to be made is under the age of 18 years, the deposit shall be paid to the minor if the minor is married, a parent, or a person having the care and custody of a minor child under a court order and with whom the child resides. If the minor does not meet the requirements of this subsection, then the deposit shall be paid only to his or her legally appointed guardian.  (4) The receipt or acquittance by the beneficiary or guardian to whom the payment is made shall be a valid and sufficient release and discharge to the depository for all payments made. History: 1909, Act 248, Eff. Sept. 1, 1909 ;-- CL 1915, 8039 ;-- Am. 1929, Act 145, Eff. Aug. 28, 1929 ;-- CL 1929, 12062 ;-- CL 1948, 487.702 ;-- Am. 1991, Act 41, Imd. Eff. June 14, 1991
MI Comp L § 487.703 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 248 of 1909 - Payment of Deposits (487.701 - 487.703)|Section 487.703 - Deposit in Name of Joint Beneficiaries; Payment; Receipt Sufficient; Deposits Made Payable to Survivor; Prima Facie Evidence.

487.703 Deposit in name of joint beneficiaries; payment; receipt sufficient; deposits made payable to survivor; prima facie evidence. Sec. 3.  When a deposit shall be made, in any bank by any person in the name of such depositor or any other person, and in form to be paid to either or the survivor of them, such deposits thereupon and any additions thereto, made by either of such persons, upon the making thereof, shall become the property of such persons as joint tenants, and the same together with all interest thereon, shall be held for the exclusive use of the persons so named and may be paid to either during the lifetime of both, or to the survivor after the death of 1 of them, and such payment and the receipt or acquittance of the same to whom such payment is made shall be a valid and sufficient release and discharge to said banking institution for all payments made on account of such deposits prior to the receipt by said bank of notice in writing not to pay such deposit in accordance with the terms thereof.  When a deposit has been made, or shall hereafter be made, in any banking institution transacting business in this state, in the names of 2 or more persons, payable to either or the survivor or survivors, such deposit or any part thereof or any interest or dividend thereon and any additions thereto, made by any 1 of the said persons, shall become the property of such persons as joint tenants, and the same shall be held for the exclusive use of the persons so named and may be paid to any 1 of said persons during the lifetime of said persons or to the survivor or survivors after the death of 1 of them, and such payment and the receipt or acquittance of the same to whom such payment is made shall be a valid and sufficient release and discharge to said banking institution for all payments made on account of such deposits prior to the receipt by said bank of notice in writing not to pay such deposit in accordance with the terms thereof.  The making of the deposit in such form shall, in the absence of fraud or undue influence, be prima facie evidence, in any action or proceeding, to which either such banking institution or surviving depositor or depositors is a party, of the intention of such depositors to vest title to such deposit and the additions thereto in such survivor or survivors. History: 1909, Act 248, Eff. Sept. 1, 1909 ;-- CL 1915, 8040 ;-- CL 1929, 12063 ;-- Am. 1937, Act 286, Imd. Eff. July 23, 1937 ;-- CL 1948, 487.703
MI Comp L § 487.711 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.711 - Short Title.

487.711 Short title. Sec. 1.  This act shall be known and may be cited as the "statutory joint account act". History: 1978, Act 53, Imd. Eff. Mar. 9, 1978
MI Comp L § 487.712 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.712 - Meanings of Words and Phrases.

487.712 Meanings of words and phrases. Sec. 2.  For the purposes of this act, the words and phrases defined in sections 3 and 4 have the meaning ascribed to them in those sections. History: 1978, Act 53, Imd. Eff. Mar. 9, 1978
MI Comp L § 487.713 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.713 - Definitions.

487.713 Definitions. Sec. 3.  (a) "Deposits" means funds on deposit in a financial institution, including interest.  (b) "Joint account" means a deposit in a financial institution in which 2 or more persons have an interest, either by way of ownership or right of withdrawal.  (c) "Statutory joint account" means a joint account as to which a statutory joint account contract, as provided in this act, has been signed by a person having a right of withdrawal on the account. History: 1978, Act 53, Imd. Eff. Mar. 9, 1978
MI Comp L § 487.714 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.714 - Additional Definitions.

487.714 Additional definitions. Sec. 4.  (a) "Financial institution" means a state or nationally chartered bank or a state or federally chartered savings and loan association, savings bank, or credit union whose deposits are insured by an agency of the United States government and which maintains a principal office or branch office located in this state under the laws of this state or the United States.  (b) "Person" means an individual, corporation, partnership, association, governmental entity, or any other legal entity. History: 1978, Act 53, Imd. Eff. Mar. 9, 1978 ;-- Am. 1997, Act 35, Imd. Eff. June 30, 1997
MI Comp L § 487.715 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.715 - Statutory Joint Account; Creation; Signing Contract; Form of Contract; Acknowledging Receipt of Contract; Adding Additional Parties; Modifying Form of Contract.

487.715 Statutory joint account; creation; signing contract; form of contract; acknowledging receipt of contract; adding additional parties; modifying form of contract.Sec. 5.  One or more persons may create a statutory joint account by signing a statutory joint account contract with a financial institution that is agreeable to the contract with indicated insertions in form substantially as follows:   FORM OF STATUTORY JOINT ACCOUNT CONTRACT   1. Name of financial institution:   2. Nature of Account:   Check______Savings Account;   ______Commercial Account;   ______Certificate of Deposit;   ______Other Credits (describe):   3. Name and address of person designated as A:   4. Name and address of person designated as B:   5. Who may withdraw funds during lifetime of A and B:   Check______A;______B;______Either A or B;   ______Signatures of both A and B.   6. Who may revoke this contract by written notice to the financial institution:   Check______A;______B;______Either A or B;   ______Signatures of both A and B. In the event of   revocation, the right to withdraw funds shall be determined by designation of ownership in item 7.   7. Who owns the funds during the lifetime of A and B:   Check______A;______B;______Equally by A and B;   Other proportions (describe):______   8. Who owns the funds and has the right to withdraw if A dies first:   Check______B;______A's estate;______Equally by B and A's estate;   Other proportions (describe):______.   9. Who owns the funds and has the right to withdraw if B dies first:   Check______A;______B's estate;______Equally by A and B's estate;   Other proportions (describe):______.   10. If A and B should die simultaneously without proof of who survives, which provision shall control:   Check______Item 8 above;______Item 9 above.   11. Signature of persons having right of withdrawal:______.   12. Date of signature:______.    Note: (1) Each person who signs this contract shall receive a copy of this contract and their signature shall constitute acknowledgement of receipt.  (2) When more than 2 persons are involved, additional parties may be added by designation of "C", etc. and the form of this contract shall be modified to conform therewith. History: 1978, Act 53, Imd. Eff. Mar. 9, 1978
MI Comp L § 487.716 (2021)
2021 Michigan Compiled Laws|Chapter 487 - Financial Institutions|Act 53 of 1978 - Statutory Joint Account Act (487.711 - 487.719)|Section 487.716 - Nature and Effect of Statutory Joint Accounts; Failure to Answer Question in Contract.

487.716 Nature and effect of statutory joint accounts; failure to answer question in contract. Sec. 6.  The creation of a statutory joint account is a contract as to ownership of the deposits and is effective pursuant to its terms without regard to requirements of testamentary dispositions. The rights of persons in joint accounts which are not statutory joint accounts are not affected by this act. The failure to answer a question in a statutory joint account contract shall not invalidate the contract, but it shall be enforceable pursuant to its terms as to the questions answered and pursuant to the common law as to any unanswered question or ambiguities, with the purpose of effectuating the intent of the parties. History: 1978, Act 53, Imd. Eff. Mar. 9, 1978