reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.5 - Certificates of Stock; Signing, Sealing, Right to Vote.

455.5 Certificates of stock; signing, sealing, right to vote.
Sec. 5.
All certificates for capital stock shall be signed by the president and secretary of the company, and sealed with the corporate seal. Each stockholder shall be entitled to cast 1 vote for each and every share he shall own of the capital stock of such company, at any and all meetings of stockholders of said corporation for whatsoever purpose the same may be held, and may vote or perform any act by his or her attorney or proxy duly authorized in writing for that purpose at any meeting at which such stockholder may vote or act if present in person, which power of attorney or proxy shall be filed with the secretary of said company.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7622 ;-- CL 1915, 10038 ;-- CL 1929, 10308 ;-- CL 1948, 455.5
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.6 - Annual Meeting; Notice, Failure to Hold.

455.6 Annual meeting; notice, failure to hold.
Sec. 6.
Every such corporation shall hold its annual meeting of stockholders between the first Monday of February and the last day of August of each year as its by-laws may provide. Notice of the time and place of such meeting shall be given by the secretary by causing the same to be published in some paper published and circulated in the county where the principal office of such corporation is located, at least once in each week successively for 4 weeks prior to the time fixed for such meeting: Provided, That such notice may be given personally, in writing, or by mailing the same to each stockholder, addressed to him at his place of residence shown on the books of said company, in which case no publication shall be necessary: And provided further, That if, for any reason, such annual meeting is not held, the corporation shall not for that reason be dissolved.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7623 ;-- CL 1915, 10039 ;-- CL 1929, 10309 ;-- CL 1948, 455.6
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.7 - Annual Report; Stockholders, Contents; Perjury.

455.7 Annual report; stockholders, contents; perjury.
Sec. 7.
At each annual meeting such corporation shall make a report to the stockholders, signed by a majority of the board of directors, verified by the oath of the president and secretary of said corporation, containing:
First, The amount of capital actually paid in;
Second, The amount invested in real estate, with a general description of the same;
Third, The amount of personal estate, with a general description thereof;
Fourth, The amount of their debts and credits as near as may be;
Fifth, A general condensed statement of their business and financial condition;
Sixth, The name of each stockholder and his residence and the number of shares held by him as appears by the books of said corporation at the date of such report; and if any person shall knowingly swear or affirm falsely in said report, he shall be deemed guilty of perjury, and punished accordingly.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7624 ;-- CL 1915, 10040 ;-- CL 1929, 10310 ;-- CL 1948, 455.7
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.8 - First Meeting; Notice.

455.8 First meeting; notice.
Sec. 8.
When any corporation shall be formed under the provisions of this act, any 2 of those associated may call the first meeting of such corporations, at such time and place as they may appoint, giving notice as is provided in section 6 of this act: Provided, That such notice shall not be necessary when all of those associated shall by writing entered in the minutes of such meeting waive such notice and consent to act at such meeting.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7625 ;-- CL 1915, 10041 ;-- CL 1929, 10311 ;-- CL 1948, 455.8
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.9 - Board of Directors; Qualifications, Election, Terms, Vacancy; Stock, Ceasing Ownership; Quorum.

455.9 Board of directors; qualifications, election, terms, vacancy; stock, ceasing ownership; quorum.
Sec. 9.
(1) The board of directors shall consist of not less than 3 and not more than 9 members as determined by the articles of association. The members of the board of directors are stockholders. A stockholder may nominate an immediate family member to exercise the stockholder's right to become a director. A nomination under this subsection must be in writing. As used in this subsection, "immediate family member" means a stockholder's spouse, child, stepchild, or child's spouse.
(2) The full number of the board of directors must be elected at the first meeting of the corporation and must be divided into 3 equal classes. The first class shall hold their office for 1 year, the second class shall hold their office for 2 years, and the third class shall hold their office for 3 years. At each annual meeting after the first meeting, 1/3 of the total number of directors must be elected who shall hold their office for 3 years and until their successors are elected. At any election, a majority of the votes cast are sufficient to elect a director.
(3) If there is a vacancy in the board of directors, the remaining board of directors shall appoint an individual to fill the vacancy. The appointee must hold office until the next annual meeting, at which meeting the stockholders shall elect a director to fill the unexpired term.
(4) If a director ceases to own any stock of the corporation, the director ceases to be a director.
(5) A majority of the directors are a quorum for the transaction of business.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7626 ;-- CL 1915, 10042 ;-- CL 1929, 10312 ;-- CL 1948, 455.9 ;-- Am. 2022, Act 20, Eff. Mar. 29, 2023
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.10 - Board of Directors; Powers.

455.10 Board of directors; powers.
Sec. 10.
(1) The board of directors of the corporation shall manage and control the stock, business, finances, rights and interests, buildings, and real and personal property of the corporation.
(2) The board of directors of the corporation has jurisdiction over the real property of the corporation and all streets, alleys, and highways passing through and over the real property of the corporation or which the corporation causes to be constructed, laid out, or maintained within that real property and over the water within and in front of that real property.
(3) The board of directors of the corporation shall not authorize any expenditure or incur any liability on behalf of the corporation that exceeds $30,000.00 annually, adjusted for inflation using the Consumer Price Index, unless authorized by a majority of all the shares of stock by the corporation in a meeting duly assembled. As used in this subsection, "Consumer Price Index" means the most comprehensive index of consumer prices available for this state from the Bureau of Labor Statistics of the United States Department of Labor.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7627 ;-- Am. 1905, Act 83, Imd. Eff. May 3, 1905 ;-- CL 1915, 10043 ;-- CL 1929, 10313 ;-- CL 1948, 455.10 ;-- Am. 2022, Act 20, Eff. Mar. 29, 2023
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.11 - Board of Directors; Officers and Employees, Selection, Removal, Terms.

455.11 Board of directors; officers and employees, selection, removal, terms.
Sec. 11.
The directors shall choose from their number, by ballot or otherwise, a president, secretary, and treasurer, and the latter 2 offices may be held by the same person, and shall have power to appoint and employ such other subordinate officers, agents, servants or employes as the by-laws of the corporation shall designate, or such as shall be necessary to the proper accomplishment of the purposes of the corporation, and such board of directors shall have the power to remove such president or other officer of such corporation, or agents, or employes, for cause, and appoint others in their places; such officers shall be elected annually and shall hold their offices for 1 year, and until their successors shall be elected.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7628 ;-- CL 1915, 10044 ;-- CL 1929, 10314 ;-- CL 1948, 455.11
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.12 - By-Laws and Rules; Amendment.

455.12 By-laws and rules; amendment.
Sec. 12.
The stockholders shall have the power to make such reasonable by-laws not inconsistent with the laws of this state, or of the United States, as they shall deem proper for the management, control and disposition of the property, affairs and concerns of said corporation and may by such by-laws provide that the water within and in front of the lands and premises of such corporation shall be kept in a good sanitary condition, and by such by-laws, empower the board of directors of such corporation to prohibit any persons from carrying on the business of carrying goods, baggage or passengers on the lands of the association or the highways, streets or alleys thereof without a license from said board of directors first being had; to provide for the protection of the property of such corporation and occupants of its lands and premises from loss or damage by fire; to protect the occupants of its grounds from contagious diseases and to remove therefrom any and all persons afflicted with any such disease; to prevent and prohibit on its grounds vice and immorality, and the selling of any spirituous or fermented liquors; to prohibit and abate all nuisances; to compel persons occupying any part of its said lands and premises to keep the same in good sanitary condition and to regulate the erection of buildings on the lots assigned and leased to the stockholders, and may provide that the capital stock of such corporation shall not be transferred without the consent of the board of directors first being had; and may provide rules and regulations for the management, control and maintenance of any hotel, club house or other buildings for entertainment, comfort or convenience of said corporation and its stockholders, and may regulate and determine the persons and number thereof which may be entertained or cared for at such hotel, club house or other building. All such by-laws, rules and regulations may be altered or amended by the stockholders in a meeting assembled at their will and pleasure.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7629 ;-- CL 1915, 10045 ;-- CL 1929, 10315 ;-- CL 1948, 455.12
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.13 - Books; Inspection; Stock, Transfer.

455.13 Books; inspection; stock, transfer.
Sec. 13.
It shall be the duty of the directors of any such corporation to cause proper books to be kept by the secretary and treasurer, containing the names of all persons who are stockholders, together with their places of residence, and wherein shall be entered all matters and things pertaining to the affairs and business of said corporation, and just and true books of account; and the books of said corporation containing their business accounts shall at all reasonable times be open for the inspection of any of the stockholders: And provided, That no transfer of the certificate of the stock of such corporation shall be valid without the name being duly entered of the person to whom transferred on the books of the corporation, and the rules and by-laws of such corporation relating thereto being complied with.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7630 ;-- CL 1915, 10046 ;-- CL 1929, 10316 ;-- CL 1948, 455.13
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.14 - Capital Stock; Deemed Personal Property, Transfer; Lien on Stock, Enforcement; Subscriptions; Shares, Issuance.

455.14 Capital stock; deemed personal property, transfer; lien on stock, enforcement; subscriptions; shares, issuance.
Sec. 14.
The stock of every such corporation shall be deemed personal property, and may be transferred as shall be prescribed by this act and by the by-laws of the corporation, and such corporation shall at all times have a lien upon all the stock or property of its members invested therein, for all debts due from them to such corporation, which lien may be enforced by a sale of such stock under the provisions of section 15 of this act. The directors of any such company may from time to time receive subscriptions to stock in said company until the whole amount of the stock of the association shall be subscribed, but no certificate of shares in any such company shall be issued until the whole amount of the shares mentioned in such certificate shall have been paid in full to the company.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7631 ;-- CL 1915, 10047 ;-- CL 1929, 10317 ;-- CL 1948, 455.14
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.15 - Capital Stock; Subscriptions, Payment; Suit; Sale, Procedure; Disposition of Proceeds; Purchaser, Rights.

455.15 Capital stock; subscriptions, payment; suit; sale, procedure; disposition of proceeds; purchaser, rights.
Sec. 15.
The directors may require the subscribers to the capital stock of the corporation to pay the amount by them respectively subscribed, in such manner and in such installments as they may deem proper. If any stockholder shall neglect or refuse to pay any installment as required by a resolution of the board of directors, the said corporation may sue for the same in any proper action for that purpose, or so much of the stock of such delinquent stockholder as may be necessary to pay such installment so due may be sold by the directors at public auction at the office of the corporation, giving at least 30 days' notice of such sale in some newspaper published in the county where said office is located if there is a newspaper published in such county; if not, then in some newspaper published in some adjoining county; and in case of the sale of said stock, the proceeds thereof shall first be applied in payment of the installment called for and the expenses of the sale and the residue, if any, shall be returned to the delinquent stockholder. Such sale shall entitle the purchaser to all the rights of a stockholder to the extent of the shares so purchased.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7632 ;-- CL 1915, 10048 ;-- CL 1929, 10318 ;-- CL 1948, 455.15
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.16 - Annual Dues; Levy, Use, Payment.

455.16 Annual dues; levy, use, payment.
Sec. 16.
It shall be lawful for the board of directors to provide for annual dues to be levied upon each share of stock which shall be paid by the holder thereof in such an amount and under such rules and regulations as shall be provided by the by-laws of such corporation, such annual dues and all sums realized thereby to be used for the purpose of paying the expenses attending the care, management and control of the grounds and property kept, occupied or used for the purposes set forth in the articles of association. The payment of such annual dues may be enforced by said corporation by some proper action at law, or by a sale of the shares of stock against which the same is assessed in the manner provided in section 15 of the act for the collection of installments of subscriptions to the capital stock.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7633 ;-- Am. 1909, Act 296, Eff. Sept. 1, 1909 ;-- CL 1915, 10049 ;-- CL 1929, 10319 ;-- CL 1948, 455.16
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.17 - Stockholders' Liability; Subrogation; Contribution.

455.17 Stockholders' liability; subrogation; contribution.
Sec. 17.
The stockholders of all corporations formed under this act shall be jointly, severally and individually liable for all labor and services performed for such corporation, which said liability, founded on this statue [statute], may be enforced by a suit at law in an action of assumpsit, at any time after an execution in favor of the plaintiff shall be duly returned unsatisfied in whole or in part against said corporation: Provided, always, That if any or several of said stockholders shall, by any such proceedings, be compelled to pay any such sum to creditors, he or they may recover the same in full of the corporation, or may compel the stockholders jointly or severally, or any number of them, to contribute ratably to re-imburse him or them, in any action at law or in chancery.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7634 ;-- CL 1915, 10050 ;-- CL 1929, 10320 ;-- CL 1948, 455.17
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.18 - Annual Report.

455.18 Annual report.
Sec. 18.
All corporations formed under the provisions of this act shall annually, between the months of March and the end of the succeeding August, make a report which shall state the amount of the capital stock actually paid in and the amount of money borrowed if any, which report shall be signed by a majority of the directors and verified by the oath of the president or secretary and be filed in the corporation and securities bureau of the department of commerce.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7635 ;-- CL 1915, 10051 ;-- CL 1929, 10321 ;-- CL 1948, 455.18 ;-- Am. 1982, Act 117, Imd. Eff. Apr. 19, 1982
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.21 - Stockholders; Map or Plat of Land; Ownership, Sale; Dissolution, Disposition of Lots; Parks and Walks Dedicated to Public Use.

455.21 Stockholders; map or plat of land; ownership, sale; dissolution, disposition of lots; parks and walks dedicated to public use.
Sec. 21.
Whenever any such corporation shall cause to be platted any part or portion of its lands in the manner prescribed in the foregoing section of this act, it may by its by-laws, provide the manner in which the lot or lots may be assigned, allotted or confirmed to its several stockholders, and the terms and conditions upon which the same shall be held by them: Provided, That any such lot or lots so assigned allotted or confirmed to such stockholders shall be deemed and considered as appurtenant and attached to a certain share or shares of capital stock in such corporation, which shall be designated at the time of such assignment, allotment or confirmation, and any assignment, transfer or other disposition of such capital stock shall be held to carry with it, the right to such lot or lots so appurtenant or attached to the same; and it shall not be lawful for such stockholder to in any manner whatsoever, sell, assign, transfer or dispose of any right, title, claim or interest he may have or acquire in any lot or lots assigned, allotted or confirmed under such by-laws and regulations, separated or detached from the share or shares of capital stock to which it shall be appurtenant or attached. In case such corporation should for any reason be disolved [dissolved] or wound up by any court of competent jurisdiction, by reason of the termination of its charter or otherwise, each stockholder to whom a lot or lots have been assigned, allotted or confirmed, shall be entitled to receive the same in fee upon complying with such terms and conditions as may be imposed by the court having jurisdiction of the winding up of such corporation and all parks, roads or walks shown upon the plat of the property of such corporation recorded as aforesaid, shall be and become dedicated to the public use as parks, roads and walks in the same manner and to the same extent as parks, roads and drives are or may be so dedicated within the limits of cities, towns or villages in this state.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7638 ;-- CL 1915, 10053 ;-- CL 1929, 10323 ;-- CL 1948, 455.21
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.22 - Repeal; Saving Clause; Provisions Governing Act.

455.22 Repeal; saving clause; provisions governing act.
Sec. 22.
Act No. 151 of the session laws of 1869, entitled "An act to provide for the formation of joint stock companies for the purpose of owning and maintaining skating parks or rinks and parks kept for ornament, recreation and amusement," approved April fifth, 1869, and Act No. 164 of the session laws of 1889, entitled "An act to authorize the formation of corporations for the purpose of owning and improving summer resorts," approved June 19, 1889, and all acts amendatory and supplemental to said acts or either of them are hereby repealed. But the repeal of the foregoing acts shall not dissolve any corporation formed or existing under them and all corporations of the nature of corporations authorized to be organized under this act now organized and existing under said several acts in this section mentioned, or either of them, and all corporations which have attempted to organize and are now doing business under said acts or either of them, shall be deemed and taken to be organizations under this act and all rights, obligations and liabilities contracted, acquired or incurred by any such corporations thereunder, shall continue of the same force and effect as though such acts or laws had not been repealed, and all such corporations from and after taking effect of this act, shall be subject to all the provisions hereof as fully as though such corporation had been organized hereunder, and such corporations may continue to carry on the business specified in the articles of association under the provisions of this act as lawfully as if said acts mentioned in this section were not repealed.
History:
1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7638n ;-- CL 1915, 10054 ;-- CL 1929, 10324 ;-- CL 1948, 455.22
Compiler's Notes:
Act 151 of 1869 and Act 164 of 1889, referred to in this section, do not appear in the Michigan Compiled Laws. See Howells' Annotated Statutes, 4824 to 4842 and 3983g4 to 3983h5, respectively.
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.23 - Special Dues; Purpose, Time, Enforcement.

455.23 Special dues; purpose, time, enforcement.
Sec. 23.
(1) The stockholders of the corporation, at a special meeting called for that purpose by a vote of a majority of all the capital stock, may authorize the board of directors to provide for special dues in addition to the annual dues authorized in section 16, not exceeding $750.00 per share in any 1 year, adjusted for inflation using the Consumer Price Index. As used in this subsection, "Consumer Price Index" means the most comprehensive index of consumer prices available for this state from the Bureau of Labor Statistics of the United States Department of Labor.
(2) The board of directors shall only use special dues assessed under this section for the purpose of paying any existing indebtedness of the corporation or for improving and bettering the property of the corporation, improving the sanitary condition of the property, providing protection from loss or damage by fire or water, or erecting, purchasing, or maintaining any hotel, clubhouse, or other building for the entertainment, comfort, or convenience of the corporation and its stockholders.
(3) Any resolution adopted by the stockholders authorizing special dues under this section must determine the purpose for which the board of directors shall use the proceeds of the special dues and the period of time in which the board may levy the special dues.
(4) The payment of special dues authorized under this section may be enforced by the corporation in the same manner provided in section 16 for the enforcement of the annual dues.
History:
Add. 1903, Act 127, Imd. Eff. May 20, 1903 ;-- Am. 1909, Act 296, Eff. Sept. 1, 1909 ;-- CL 1915, 10055 ;-- CL 1929, 10325 ;-- CL 1948, 455.23 ;-- Am. 2022, Act 20, Eff. Mar. 29, 2023
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24) › Section 455.24 - Associate Members; Terms; Stock, Disposition.

455.24 Associate members; terms; stock, disposition.
Sec. 24.
It shall be lawful for the stockholders of any such corporation, either at the time the articles shall be executed, or at any subsequent period, by a vote of 2/3 of the capital stock, to provide the terms upon which persons may become associate members of the organization, with or without being stockholders therein, and also to provide for the limitation upon sale or other disposition of such stock and for the custody of the certificates thereof.
History:
Add. 1903, Act 127, Imd. Eff. May 20, 1903 ;-- CL 1915, 10056 ;-- CL 1929, 10326 ;-- CL 1948, 455.24
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.51 - Summer Resort and Assembly Associations; Incorporation, Purpose.

455.51 Summer resort and assembly associations; incorporation, purpose.
Sec. 1.
That any number of persons not less than 10, who may desire to form an association for the purchase and improvement of lands to be occupied for summer homes, for camp-meetings, for meetings and assemblies of associations and societies organized for scientific or intellectual culture and for the promotion of religion and morality, or any or all such purposes, may, with their associates, successors and assigns, become a body politic and corporate under any name by them assumed in their articles of incorporation, in the manner herein provided.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983d-6 ;-- CL 1897, 7639 ;-- CL 1915, 10062 ;-- CL 1929, 10327 ;-- CL 1948, 455.51
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.52 - Articles of Association; Capital Stock; Reorganization.

455.52 Articles of association; capital stock; reorganization.
Sec. 2.
The persons so associating shall sign articles of association which shall state:
First, The corporate name of the association;
Second, The names and residences of the persons thus associating;
Third, The purpose or purposes of such association;
Fourth, The number of trustees to manage the business of the association and their terms of office, also the names of trustees for the first year or until the annual meeting of the association;
Fifth, The county in which its real estate shall be situate and its meetings held;
Sixth, The term of its existence, which shall not exceed 30 years;
Seventh, They may also state therein the qualifications of persons eligible to the office of trustee and the terms and conditions of membership, and such other provisions for the management of the business, and the disposition of the real and personal property of the association, as they may desire, not inconsistent with the provisions of this act and the laws of this state. The persons so associating may, by a majority vote, provide for capital stock, in which case the articles of association shall state the amount thereof, which shall not exceed 50,000 dollars, in shares of 25 dollars each. Any corporation or association heretofore organized under any other law of this state, for the purposes named in this act, may, by a majority vote of the stock represented at any annual meeting thereof, reorganize under the provisions of this act.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983d-7 ;-- Am. 1897, Act 39, Imd. Eff. Mar. 26, 1897 ;-- CL 1897, 7640 ;-- CL 1915, 10063 ;-- CL 1929, 10328 ;-- CL 1948, 455.52
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.53 - Execution of Articles of Association; Acknowledgment; Filing Articles With Department of Commerce; Certification.

455.53 Execution of articles of association; acknowledgment; filing articles with department of commerce; certification.
Sec. 3.
The execution of such articles of association shall be acknowledged by the persons signing the same before some officer authorized to take the acknowledgment of deeds. Such articles shall thereupon be filed with the corporation and securities bureau of the department of commerce, which, after making such record, shall certify upon such articles the date and place of record thereof and return the same to the association.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983d-8 ;-- CL 1897, 7641 ;-- CL 1915, 10064 ;-- CL 1929, 10329 ;-- CL 1948, 455.53 ;-- Am. 1982, Act 85, Imd. Eff. Apr. 19, 1982
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.54 - Powers, Privileges, and Liabilities of Incorporated Association; Limitation on Land Holdings; Voting.

455.54 Powers, privileges, and liabilities of incorporated association; limitation on land holdings; voting.
Sec. 4.
(1) An association incorporated under this act has all the general powers and privileges and is subject to all the liabilities of a corporation. The association may have a common seal; may sue and be sued in all the courts of this state; and, subject to subsection (2), may acquire, hold, and possess within any 1 county any real and personal property for the purposes described in its articles of association.
(2) An association incorporated under this act shall not at any time own or hold more than 1,000 acres of land.
(3) If authorized by a majority vote of the members of an association incorporated under this act voting at any annual meeting or any special meeting called expressly for that purpose or pursuant to a general bylaw adopted and recorded, the trustees of the association may sell, give, grant, and convey or lease all or part of the association's real property to any party and on the terms and subject to the provisions, reservations, and restrictions that the trustees deem advisable.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983d-9 ;-- CL 1897, 7642 ;-- CL 1915, 10065 ;-- CL 1929, 10330 ;-- CL 1948, 455.54 ;-- Am. 1982, Act 85, Imd. Eff. Apr. 19, 1982 ;-- Am. 2006, Act 45, Imd. Eff. Mar. 2, 2006
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.55 - Corporation; Powers.

455.55 Corporation; powers.
Sec. 5.
Such corporation may improve and ornament its nds, erect and maintain churches, houses of worship, and other buildings thereon for its own use, or for the use and occupation of assemblies, societies and people who may desire the same, and may hold meetings, employ speakers and lecturers for the promotion of intellectual and scientific culture, religion and morals, and may also lease portions of its lands to societies organized for the promotion of like purposes. It may cause its lands to be drained, construct docks necessary and convenient upon the banks or shores of any stream, bay or lake upon which its lands border, and may make such provision as may be necessary for supplying its grounds and the people thereon with water and for sanitary and fire purposes.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e ;-- CL 1897, 7643 ;-- CL 1915, 10066 ;-- CL 1929, 10331 ;-- CL 1948, 455.55
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.56 - Annual Meeting; Place; Board of Trustees, Report, Powers.

455.56 Annual meeting; place; board of trustees, report, powers.
Sec. 6.
The annual meeting of such association shall be held at some suitable place on its grounds at such time as shall be fixed by the board of trustees, and may adjourn from day to day as may be necessary for the transaction of its business. At the first annual meeting the entire number of the board of trustees shall be elected, and at each annual meeting thereafter there shall be elected such number of trustees as shall be necessary to fill the places of trustees whose term of office then expires, and all vacancies in such board. Such election shall be by ballot, and any person receiving a majority of all the votes cast shall be elected. Any and all business of the association may be considered and acted upon at such meeting, and such instructions given to the board of trustees as may be determined upon. If, for any reason, the annual meeting of the association shall not be held at the time fixed therefor, the board of trustees shall, within 60 days thereafter, call a special meeting of the association, at a time fixed by it for that purpose, and notify each member of the association thereof by mailing a notice addressed to him or her to his or her place of residence, if known; and such special meeting, when so called and held, shall have the same powers as the annual meeting would have had if held at the time fixed therefor. At any meeting of the association each member thereof shall be entitled to 1 vote. The trustees shall make to such annual meeting a report, in writing, of their doings and of the management of the business of the association, the condition of its property, concerns, and its assets and liabilities, and such other matters as to them shall seem proper.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-1 ;-- CL 1897, 7644 ;-- CL 1915, 10067 ;-- CL 1929, 10332 ;-- CL 1948, 455.56
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.57 - Board of Trustees; Quorum, Vacancy; Election of Officers, Terms.

455.57 Board of trustees; quorum, vacancy; election of officers, terms.
Sec. 7.
Such trustees shall be known and designated as the board of trustees. They shall elect a president, vice-president, a secretary and a treasurer from their members, who shall hold their offices for 1 year and until their successors shall be elected. They shall discharge the usual duties attached to such offices and such other duties as may be prescribed by the by-laws or general directions of the association. Two-thirds of the members of the board shall constitute a quorum for the transaction of business, and any vacancy in the board may be filled by the board, and the trustee or trustees so appointed shall hold office until the next annual meeting of the association.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-2 ;-- CL 1897, 7645 ;-- CL 1915, 10068 ;-- CL 1929, 10333 ;-- CL 1948, 455.57
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.59 - Board of Trustees; By-Laws and Orders, Amendment, Rescission.

455.59 Board of trustees; by-laws and orders, amendment, rescission.
Sec. 9.
Such board of trustees may from time to time make such orders and by-laws relating to the matters hereinbefore specified and to the business and property of the association as shall seem proper, and may amend the same from time to time, provided always that the same may be amended or rescinded by a majority vote at any annual meeting of the association.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-4 ;-- Am. 1895, Act 116, Imd. Eff. May 4, 1895 ;-- CL 1897, 7647 ;-- CL 1915, 10070 ;-- CL 1929, 10335 ;-- CL 1948, 455.59
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.60 - Violation of By-Laws; Penalty.

455.60 Violation of by-laws; penalty.
Sec. 10.
Any person who shall violate any of such by-laws made as in said last section provided, shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be punished by a fine not exceeding 25 dollars or imprisonment in the county jail not to exceed 30 days, or by both such fine and imprisonment in the discretion of the court, which fine shall go to the same fund as other fines for misdemeanor in the township where such association lands may be located.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-5 ;-- Am. 1895, Act 116, Imd. Eff. May 4, 1895 ;-- CL 1897, 7648 ;-- CL 1915, 10071 ;-- CL 1929, 10336 ;-- CL 1948, 455.60
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.61 - Marshal; Appointment by Board of Trustees, Compensation, Duties, Removal, Powers, Responsibility.

455.61 Marshal; appointment by board of trustees, compensation, duties, removal, powers, responsibility.
Sec. 11.
The board of trustees may, for the preservation of peace and good order, appoint a marshal, whose duties and compensation shall be fixed by such board in and by a by-law passed and approved as hereinbefore provided for the adoption and approval of its by-laws; he shall have all the powers conferred upon, and the duties required of, constables elected under the general laws of this state, for the preservation of peace and good order upon the grounds of the association; and said association shall in its corporate capacity be held responsible to the public and parties interested for his official conduct in lieu of other bonds or security therefor; he may be removed at any time by a 2/3 vote of the trustees, with or without cause. In all cases where any fees or expense shall be due to or incurred by him in the discharge of his duties in any matter that would be an offense against the general laws of the state, his fees and charges shall be regulated and paid in the same manner as other constables, but in all matters under the by-laws or regulations of the association, provision shall be made therein for his payment by the association.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-6 ;-- CL 1897, 7649 ;-- CL 1915, 10072 ;-- CL 1929, 10337 ;-- CL 1948, 455.61
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.62 - Marshal; Authority Over Person Arrested.

455.62 Marshal; authority over person arrested.
Sec. 12.
The marshal shall have authority to take any person arrested, before the district or municipal court of the judicial district or municipality in which the association lands are situated, to be dealt with according to law.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-7 ;-- CL 1897, 7650 ;-- CL 1915, 10073 ;-- CL 1929, 10338 ;-- CL 1948, 455.62 ;-- Am. 1991, Act 152, Imd. Eff. Nov. 25, 1991
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.63 - Property; Injury or Destruction, Penalty.

455.63 Property; injury or destruction, penalty.
Sec. 13.
Any person who shall willfully destroy, injure or remove any statuary, fence, fountain, hydrant, building or other structure placed on the grounds of the association, any dock, landing, quay or boat house thereon, or boat upon the waters upon which such lands are located, the property of any association incorporated under this act, or of any individual member thereof, or who shall willfully cut or injure any tree, shrub or plant upon such grounds, or shall deposit in any spring, stream, reservoir or water pipe, or water upon or within such grounds or in front thereof, any filth or impurity, or who shall in any way injure any water pipe, lock or reservoir for the storage or passage of water along or upon such grounds, or any sewer or drain, shall be deemed guilty of a misdemeanor, and shall be liable, on conviction thereof, to a fine not exceeding 25 dollars, or imprisonment in the county jail not exceeding 30 days, or by both such fine and imprisonment, in the discretion of the court.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-8 ;-- Am. 1895, Act 116, Imd. Eff. May 4, 1895 ;-- CL 1897, 7651 ;-- CL 1915, 10074 ;-- CL 1929, 10339 ;-- CL 1948, 455.63
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.64 - Property; Taxation, Exemption.

455.64 Property; taxation, exemption.
Sec. 14.
The property of such corporation shall be subject to taxation, except all houses of public worship, and also all school buildings used exclusively for school purposes and the lot upon which they stand, and the furniture therein, which shall be exempt therefrom.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983e-9 ;-- CL 1897, 7652 ;-- CL 1915, 10075 ;-- CL 1929, 10340 ;-- CL 1948, 455.64
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.65 - Property; Disposition; Conflict of Powers and Duties.

455.65 Property; disposition; conflict of powers and duties.
Sec. 15.
Every corporation organized under the provisions of this act may, at any time within 2 years next preceding the time fixed for the termination of its existence, make such disposition of its property, real and personal, as a 2/3 majority of the members present and voting at an annual meeting may, by vote, direct: And provided, That at the time of organization or whenever during the existence of any such corporation the lands of such association shall be embraced within the corporate limits of any city or village, that then the powers and obligations herein conferred upon such association and its officers partaking of a public or municipal nature, so far as the same shall conflict or interfere with the powers and duties of such city or village, those of said association shall to that extent be suspended and the provisions of this act are and shall be limited in their operation in that regard.
History:
1889, Act 39, Imd. Eff. Mar. 29, 1889 ;-- How. 3983f ;-- CL 1897, 7653 ;-- CL 1915, 10076 ;-- CL 1929, 10341 ;-- CL 1948, 455.65
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.66 - Assessment of Association.

455.66 Assessment of association.
Sec. 16.
Whenever the board of trustees of any such association shall serve upon the assessing officer of the township, city or village in which its real estate is situated a notice in writing, signed by its secretary and under its corporate seal, requesting that all of the cottages and buildings owned by its lessees, situate upon the lands of the association, and not exempt from taxation as hereinbefore provided, be assessed to the association as a part of its real estate, the same as if owned by it, then and thereafter all such real estate and cottages, and buildings thereon, shall be assessed to such association as real estate and taxes paid thereon, by the association the same as if in fact the owner thereof, and no lease had been made.
History:
Add. 1901, Act 57, Imd. Eff. Apr. 11, 1901 ;-- CL 1915, 10077 ;-- CL 1929, 10342 ;-- CL 1948, 455.66
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.67 - Assessment; Collection From Members.

455.67 Assessment; collection from members.
Sec. 17.
Whenever the real estate of any such association and the cottages and buildings thereon shall be assessed to the association and taxes paid as provided in the last preceding section, the association may assess, levy and collect from its several lessees, owners of cottages and buildings, such fair and just proportion of the taxes thus levied and paid as the value of such cottages and buildings shall bear to the total valuation of such real estate assessed in the manner aforesaid, such assessment and levy to be made in the manner hereinafter provided, and the amount to be paid by any such owner or lessee when so fixed and determined shall constitute and be a debt against such owner of and a lien upon the cottage or building thus assessed, payable with interest as hereinafter provided, and the association may enforce the payment thereof in the same manner as in the case of non-payment of rent or non-performance of any condition in the lease under which said lessee holds, and no transfer or assignment of any such lease shall be valid until such assessment or tax is paid.
History:
Add. 1901, Act 57, Imd. Eff. Apr. 11, 1901 ;-- CL 1915, 10078 ;-- CL 1929, 10343 ;-- CL 1948, 455.67
2023 Michigan Compiled Laws › Chapter 455 - Summer Resort and Park Associations › Act 39 of 1889 - Summer Resort and Assembly Associations (455.51 - 455.72) › Section 455.68 - Board of Assessors; Election, Terms, Vacancy.

455.68 Board of assessors; election, terms, vacancy.
Sec. 18.
There shall be elected at each annual meeting of the association, or at some special meeting thereof called for that purpose, 3 assessors, members of the association, to be known and called the board of assessors, who shall hold their office until the next annual meeting. In case of a vacancy in such board, caused by death, resignation, failure to accept office, or otherwise, the board of trustees may fill such vacancy by the appointment of some suitable member of the association, who shall hold the office until the next annual meeting.
History:
Add. 1901, Act 57, Imd. Eff. Apr. 11, 1901 ;-- CL 1915, 10079 ;-- CL 1929, 10344 ;-- CL 1948, 455.68