reglab/housing_qa huggingface dataset:
MI Comp L § 449.312 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 191 of 1877 - Partnership Associations (449.301 - 449.316)|Section 449.312 - Partnership Associations; Franchise Fee to Accompany Articles of Association; Void Contracts; Specific Tax.

449.312 Partnership associations; franchise fee to accompany articles of association; void contracts; specific tax. Sec. 12.  Every such partnership association organized after this act takes effect, shall at the time of recording its statement in writing, or articles of association, pay to the secretary of state a franchise fee of 1/2 of 1 mill upon each dollar of its total authorized capital stock, and a proportionate fee upon every subsequent increase thereof; no statement in writing, or articles of association, shall be received by the secretary of state for recording unless accompanied by the fee provided for in this act, and every partnership association heretofore organized which shall hereafter increase its authorized capital, shall pay a franchise fee of 1/2 of 1 mill upon each dollar of such increase of authorized capital, and a proportionate fee upon each subsequent increase thereof: Provided, The fee herein provided shall in no case be less than 5 dollars. All contracts made in this state after the first day of January, 1904 by any partnership association organized after this act becomes operative, which has not first paid the franchise fee required to be paid by this act shall be wholly void. The franchise fee provided by this act shall be deemed and held to be specific taxes and shall be paid into the state treasury, and shall be applied to the objects and purposes prescribed in section 1, article 14 of the constitution of this state. History: Add. 1903, Act 244, Imd. Eff. June 18, 1903 ;-- CL 1915, 7961 ;-- CL 1929, 9920 ;-- CL 1948, 449.312 Compiler's Notes: In this section, “section 1, article 14 of the constitution” refers to the Constitution of 1850. See now Const. 1963, Art. IX, § 1.This section and MCL 449.313 were impliedly repealed by Act 233 of 1923. See Whitney Realty Co. v. Secretary of State, 228 Mich. 96, 199 N.W. 669 (1924).
MI Comp L § 449.314 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 191 of 1877 - Partnership Associations (449.301 - 449.316)|Section 449.314 - Existing Associations; Articles, Filing; Penalty; Franchise Fee.

449.314 Existing associations; articles, filing; penalty; franchise fee. Sec. 14.  Every partnership association heretofore organized, is required to file a copy of its statement in writing or articles of association, verified by the oath of the secretary of the board of managers or certified by the register of deeds of the county in which said statement or articles were recorded, as a full and true copy of the same with its date of record together with all amendments to such statement or articles if any have been made and recorded, in the office of the secretary of state of this state on or before the first day of January 1904. The officers and managers of every such partnership association failing to file such copy of its statement in writing or articles within the time herein prescribed, shall each be subject to a penalty of 25 dollars, and in addition thereto the sum of 5 dollars for each and every secular day after January first, 1904. Such penalty shall be for the same use, and shall be collected in the same manner, by the attorney general, as prescribed in section 13 of this act: Provided, That partnership associations already organized shall not be required to pay a franchise fee upon their recording articles of association under this act. History: Add. 1903, Act 244, Imd. Eff. June 18, 1903 ;-- CL 1915, 7963 ;-- CL 1929, 9922 ;-- CL 1948, 449.314
MI Comp L § 449.315 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 191 of 1877 - Partnership Associations (449.301 - 449.316)|Section 449.315 - Existing Associations; Articles, Amendment, Procedure; Evidence.

449.315 Existing associations; articles, amendment, procedure; evidence. Sec. 15.  Every association organized or existing under the provisions of this act may, at any annual meeting or any meeting duly called for that purpose by a resolution adopted by a vote of 2/3 in value of interest of its capital stock, amend its articles of association in any manner not inconsistent with the provisions of this act, but such amendments shall not become operative until a copy of such resolutions, signed by the chairman and secretary of the board of managers of such association, shall have been recorded as is provided herein for the recording of the original articles of association when such amendment shall have the same force and effect as though said amendments had been included in the original articles, and a record or copy of the record of such resolution certified as provided in section 1 for the certification of the original articles of association shall be received in all courts of this state as prima facie evidence of the things therein stated. History: Add. 1903, Act 244, Imd. Eff. June 18, 1903 ;-- CL 1915, 7964 ;-- CL 1929, 9923 ;-- CL 1948, 449.315
MI Comp L § 449.316 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 191 of 1877 - Partnership Associations (449.301 - 449.316)|Section 449.316 - Existing Associations; Reorganization as Corporation, Procedure; Franchise Fee; Period of Existence.

449.316 Existing associations; reorganization as corporation, procedure; franchise fee; period of existence. Sec. 16.  Every partnership association now existing, organized under Act No. 191 of the Public Acts of 1877, as amended, being chapter 160 of the Compiled Laws of 1897, may at any time reorganize under any act providing for the incorporation of companies for a purpose or purposes for which such association was organized: Provided, Such reorganization is authorized and directed by a vote of 2/3 in interest of the members holding the capital stock of any such partnership association, at a regular meeting of the members of such association, or at a meeting called expressly for that purpose in accordance with the by-laws or statement in writing by which it was organized. The resolution or other action by which said vote is expressed shall be certified in duplicate by the executive officers of the association so reorganizing, and attached to its articles of incorporation when the same are recorded; and in addition to said resolution or other action the said officers shall certify the name of the association and the date upon which the same was organized under the statute now known as chapter 160 of the Compiled Laws of 1897, and every such association so organized before this act becomes operative may reorganize as herein provided without paying the franchise fee provided in Act No. 182 of the Public Acts of 1891, being section 8574 of the Compiled Laws of 1897: Provided, That the period for the existence of the corporation so organized shall be coincident with the period of existence remaining to the partnership association at the date of its reorganization as above provided. History: Add. 1903, Act 244, Imd. Eff. June 18, 1903 ;-- Am. 1911, Act 252, Eff. Aug. 1, 1911 ;-- CL 1915, 7965 ;-- CL 1929, 9924 ;-- CL 1948, 449.316 Compiler's Notes: For provisions of Act 191 of 1877, referred to in this section, see MCL 449.301 et seq. Act 182 of 1891, referred to in this section, was repealed by Act 309 of 1929.
MI Comp L § 449.351 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 45 of 1909 - Partnership Associations; Election of Managers (449.351 - 449.351)|Section 449.351 - Partnership Associations; Election of Managers, Procedure, Time, Number.

449.351 Partnership associations; election of managers, procedure, time, number. Sec. 1.  In all elections for managers of partnership associations organized under the provisions of chapter 160 of the Compiled Laws of 1897 and acts amendatory thereto, every member of such partnership association shall have the right to vote in person or by proxy the number of shares owned by him for as many persons as there may be managers to be elected, or to cumulate said shares and give 1 candidate as many votes as will equal the number of managers multiplied by the number of his shares of stock; or to distribute them on the same principal among as many candidates as he shall think fit. All such partnership associations shall elect their managers annually, and the entire number of managers shall be balloted for at 1 and the same time and not separately: Provided, That the by-laws of any such partnership association shall not be so amended as to reduce the number of managers of such partnership association, in case the votes of a sufficient number of shares are recorded against such proposed amendment, which, if cumulatively voted as herein provided, would elect 1 or more managers where the same number of shares, if cumulatively voted, would not be sufficient to elect the same number of managers of the reduced board of managers. History: 1909, Act 45, Eff. Sept. 1, 1909 ;-- CL 1915, 7966 ;-- CL 1929, 9925 ;-- CL 1948, 449.351 Compiler's Notes: This act was held not repealed by Act 327 of 1921 in Attorney General v. Hill-Davis Co., 261 Mich. 89, 245 N.W. 579 (1932).
MI Comp L § 449.371 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 105 of 1919 - Partnership Associations Limited (449.371 - 449.373)|Section 449.371 - Partnership Associations Limited; Continuance of Existence, Procedure; Evidence; Franchise Fee.

449.371 Partnership associations limited; continuance of existence, procedure; evidence; franchise fee. Sec. 1.  Any partnership association limited, organized under the general laws of this state whose term is about to expire by limitation, may at any time within 2 years next preceding the expiration of such term, by a vote of at least 2/3 of its capital, at any annual meeting or at any special meeting of its members called for that purpose, direct the continuance of its existence for such further term, not exceeding 20 years from the expiration of its former term, as may be expressed in a resolution for that purpose. Upon the adoption of such resolution at the annual meeting or any special meeting called in accordance with the by-laws of the organization, it shall be the duty of the chairman and secretary to make, sign and acknowledge duplicate articles of association, to which shall be appended a copy of the proceedings of such meeting, certified by the secretary and verified by his oath, which articles of association shall be recorded in the same public offices where the original articles of association of partnership associations limited are required to be recorded, at the expense of said corporation, and the record thereof or a certified copy of such record, shall be prima facie evidence of the facts therein recited: Provided, That such partnership association limited shall at the time of filing such articles of association, pay the same franchise fee as would be required in the case of an original organization of such association. History: 1919, Act 105, Eff. Aug. 14, 1919 ;-- CL 1929, 9940 ;-- CL 1948, 449.371 Compiler's Notes: This act was held not repealed by Act 327 of 1921 in Attorney General v. Hill-Davis Co., 261 Mich. 89, 245 N.W. 579 (1932).
MI Comp L § 449.372 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 105 of 1919 - Partnership Associations Limited (449.371 - 449.373)|Section 449.372 - Partnership Associations Limited; Renewal, Powers Conferred; Articles and By-Laws, Amendment.

449.372 Partnership associations limited; renewal, powers conferred; articles and by-laws, amendment. Sec. 2.  The renewed term of such partnership association limited shall begin from the expiration of its former term, and an association which has thus been renewed shall be the same association and hold and own all the rights, franchises and property held and owned by the association before renewal and be subject to all its liabilities, and have the same members and the same officers. The articles of association and by-laws thereof may be changed or amended by the association in the manner required by law. History: 1919, Act 105, Eff. Aug. 14, 1919 ;-- CL 1929, 9941 ;-- CL 1948, 449.372
MI Comp L § 449.373 (2021)
2021 Michigan Compiled Laws|Chapter 449 - Partnerships|Act 105 of 1919 - Partnership Associations Limited (449.371 - 449.373)|Section 449.373 - Partnership Associations Limited; Expired Term, Extension.

449.373 Partnership associations limited; expired term, extension. Sec. 3.  Extension after expiration of term. Any such partnership association limited whose term has expired but which has not been wound up or dissolved and which has nevertheless, inadvertently continued its active business beyond such term, may with the consent of at least 4/5 of its capital stock renew its existence for such further term not exceeding 20 years from the expiration of its former term in the same manner as is provided in sections 1 and 2 of this act in relation to a partnership association limited, whose term is about to expire and it shall be the duty of the officers and directors de facto, to do and perform all things required of such officers and directors de jure as provided in said sections 1 and 2 in relation to calling a special meeting of the stockholders and members of such partnership association limited and submitting the question to them of renewing its existence and the filing of renewing articles, but no such partnership association limited de facto shall be permitted to renew its existence unless such action is taken within 3 years next after its term has expired, and such renewal shall in nowise relieve such partnership association limited from any penalties that may have accrued against it under any law of this state but such renewal shall entitle the partnership association to all the rights, privileges, immunities and powers conferred upon partnership associations limited, renewing their existence before or at the expiration of their terms. History: Add. 1925, Act 25, Eff. Aug. 27, 1925 ;-- CL 1929, 9942 ;-- CL 1948, 449.373 Compiler's Notes: The catchline following the act section number of this section was incorporated as a part of the section when enacted.
MI Comp L § 450.1-450.61 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.1-450.61 - Repealed. 1951, Act 239, Eff. Sept. 28, 1951;—1962, Act 174, Eff. Jan. 1, 1964;—1967, Act 67, Eff. Nov. 2, 1967;—1972, Act 284, Eff. Jan. 1, 1973.

450.1-450.61 Repealed. 1951, Act 239, Eff. Sept. 28, 1951;—1962, Act 174, Eff. Jan. 1, 1964;—1967, Act 67, Eff. Nov. 2, 1967;—1972, Act 284, Eff. Jan. 1, 1973. Compiler's Notes: The repealed sections pertained to incorporation, articles of incorporation, corporate powers, officers, agents, bylaws, capital stock, shareholders, etc.
MI Comp L § 450.62-450.64 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.62-450.64 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

450.62-450.64 Repealed. 1982, Act 162, Eff. Jan. 1, 1983. Compiler's Notes: The repealed sections pertained to renewal of corporate existence.
MI Comp L § 450.65-450.80 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.65-450.80 - Repealed. 1972, Act 284, Eff. Jan. 1, 1973.

450.65-450.80 Repealed. 1972, Act 284, Eff. Jan. 1, 1973. Compiler's Notes: The repealed sections pertained to corporate dissolution, agreements to pay interest, certificates of appointment of resident agents, and acknowledgment of instruments.
MI Comp L § 450.81 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.81 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

450.81 Repealed. 1982, Act 162, Eff. Jan. 1, 1983. Compiler's Notes: The repealed section pertained to annual report of nonprofit corporation.
MI Comp L § 450.82-450.91a (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.82-450.91a - Repealed. 1972, Act 284, Eff. Jan. 1, 1973.

450.82-450.91a Repealed. 1972, Act 284, Eff. Jan. 1, 1973. Compiler's Notes: The repealed sections pertained to profit and nonprofit corporations, reports, and records.
MI Comp L § 450.92 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.92 - Repealed. 1982, Act 162, Eff. Jan. 1, 1983.

450.92 Repealed. 1982, Act 162, Eff. Jan. 1, 1983. Compiler's Notes: The repealed section pertained to failure of nonprofit corporation to file annual report.
MI Comp L § 450.93-450.97 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.93-450.97 - Repealed. 1974, Act 140, Imd. Eff. June 5, 1974.

450.93-450.97 Repealed. 1974, Act 140, Imd. Eff. June 5, 1974. Compiler's Notes: The repealed sections pertained to procedure for acquiring certificate of authority by foreign corporation; penalties; issuance and revocation of certificates of authority of foreign corporations; increasing capital stock of foreign corporation; and acquiring, making, or purchasing of loans by foreign corporation.
MI Comp L § 450.98 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.98 - Applicability of Act to Corporations Limiting Dividends or Voting Rights, and Conducting Not More Than 50% of Business With Nonstockholders or Nonmembers; Classification of Corporations Organized Under MCL 450.98 to 450.109 as Profit and Nonprofit.

450.98 Applicability of act to corporations limiting dividends or voting rights, and conducting not more than 50% of business with nonstockholders or nonmembers; classification of corporations organized under MCL 450.98 to 450.109 as profit and nonprofit. Sec. 98.  (1) Corporations organized to conduct a lawful business which limits the dividends payable upon stock investment in the case of corporations with capital stock and membership investment in the case of membership corporations without capital stock to not in excess of 8% per annum or which limits the voting rights of stockholders or members to 1 vote regardless of the number of shares of stock or membership held, and in any case do not conduct more than 50% of their business or services with nonstockholders or nonmembers, shall be governed by this act, except as specifically otherwise provided and except for cooperatives organized under chapter 11 of Act No. 162 of the Public Acts of 1982, being sections 450.3100 to 450.3192 of the Michigan Compiled Laws, as to the mode of corporate management, manner of distribution of earnings and profits, their powers, and optional principles of doing business.  (2) Corporations organized under and operated in accordance with sections 98 to 109, which pay limited dividends upon the stock or membership investment or which do not make distribution of earnings to nonstockholders or nonmembers upon the same basis as to stockholders or members shall, for purposes of making reports and payment of privilege fees or other taxes to the state, be classified as profit corporations. Corporations which do not pay dividends or interest upon stock or membership investment and which distribute all earnings to stockholders or members and other persons doing business with the corporation or provide for the allocation of such earnings to stockholders or members and other persons doing business with the corporation for future distribution shall, for the purposes of making reports and payments of privilege fees or other taxes to this state, be classified as nonprofit corporations. History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- Am. 1941, Act 327, Eff. Jan. 10, 1942 ;-- CL 1948, 450.98 ;-- Am. 1978, Act 121, Imd. Eff. Apr. 25, 1978 ;-- Am. 1984, Act 298, Eff. Jan. 1, 1985 Former Law: See section 1 of Ch. IV of Pt. II of Act 84 of 1921, being CL 1929, § 10027.
MI Comp L § 450.99 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.99 - Cooperative Plan; Definition; Allocation of Reserved Earnings; Cooperative Corporations; Use of Term “Cooperative,”“co-Op,” or Variation Thereof.

450.99 Cooperative plan; definition; allocation of reserved earnings; cooperative corporations; use of term “cooperative,”“co-op,” or variation thereof. Sec. 99.  Corporations may engage in any lawful business within this state upon any cooperative plan adopted by the incorporators, or by the shareholders at any annual or special meeting. For the purpose of this act, the term "cooperative plan" shall be deemed to mean a mode of operation whereby the earnings of the corporation are distributed on the basis of, or in proportion to, the value of property bought from or sold to shareholders and/or members or other persons, or labor performed for, or services rendered to, or by the corporation: Provided, That the foregoing definition shall not be construed as prohibiting any such corporation from paying limited dividends to stockholders and/or members upon stock and/or membership investment, or from reserving a certain proportion of earnings for future operations or for future distribution. Earnings so reserved shall be allocated on the books of the corporation or a means provided for such allocation to the stockholders and/or members or other persons entitled to such earnings, before general distribution of earnings shall have been authorized and made. Corporations organized under a cooperative plan and governed by sections 98 to 109, inclusive, of this act are hereinafter in this act called cooperative corporations and they may use the term "cooperative", "co-op", or any variation thereof in their name. History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- Am. 1941, Act 327, Eff. Jan. 10, 1942 ;-- CL 1948, 450.99 ;-- Am. 1984, Act 298, Eff. Jan. 1, 1985 Former Law: See section 2 of Ch. IV of Part II of Act 84 of 1921, being CL 1929, § 10028.
MI Comp L § 450.100 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)|Section 450.100 - Cooperative Corporations; Shares of Stock, Contents.

450.100 Cooperative corporations; shares of stock, contents. Sec. 100.  Same; contents of certificates of stock. There shall be printed upon each share of stock issued by co-operative corporations a condensed statement of every article or by-law which in anywise limits the shareholders' right to assign or transfer such shares or to vote the total number of shares held at meetings of the corporation, or which forbids voting by proxy.  The provisions of the uniform stock transfer law of this state shall not be held to apply to the shares of stock of such co-operative corporations in any manner or to any extent inconsistent with the provisions of sections 98 to 116, both inclusive, of this act. History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- CL 1948, 450.100 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 3 of Ch. IV of Part II of Act 84 of 1921, as amended by Act 267 of 1929, being CL 1929, § 10029.