Section 457.455 - Control of property and business. - Michigan Statutes

KNIGHTS OF THE MACCABEES OF THE WORLD (EXCERPT)
Act 143 of 1881

457.455 Control of property and business.

Sec. 5.

The management, direction and control of the property and business of such corporations shall be vested in such of its officers and persons as a majority of the members present and acting thereon shall from time to time determine.

History: 1881, Act 143, Imd. Eff. May 11, 1881 ;-- How. 4577 ;-- CL 1897, 8030 ;-- CL 1915, 10502 ;-- CL 1929, 10707 ;-- CL 1948, 457.455