Michigan § 450.186d Public building corporations; trustees, number, terms, compensation; members, term, admission.

Michigan Statutes

§ 450.186d — Public building corporations; trustees, number, terms, compensation; members, term, admission.

Michigan § 450.186d

Ch. 450CORPORATIONS

Act 327 of 1931MICHIGAN GENERAL CORPORATION STATUTE (450.1-450.192)

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Bluebook

Mich. Comp. Laws § 450.186d (2026).

Text

MICHIGAN GENERAL CORPORATION STATUTE (EXCERPT) Act 327 of 1931 450.186d Public building corporations; trustees, number, terms, compensation; members, term, admission. Sec. 186d. The trustees of every such corporation shall provide in the articles the terms and the manner in which members may be admitted. The affairs of such corporation shall be managed by a board of not less than 3 nor more than 9 trustees to be elected by the members as provided by the by-laws. Such trustees shall hold offices for 6 years or for such other period as the by-laws shall determine and until their successors are elected and qualified. No such trustee shall receive any compensation for his services as such.

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MICHIGAN GENERAL CORPORATION STATUTE (EXCERPT) Act 327 of 1931 450.186d Public building corporations; trustees, number, terms, compensation; members, term, admission. Sec. 186d. The trustees of every such corporation shall provide in the articles the terms and the manner in which members may be admitted. The affairs of such corporation shall be managed by a board of not less than 3 nor more than 9 trustees to be elected by the members as provided by the by-laws. Such trustees shall hold offices for 6 years or for such other period as the by-laws shall determine and until their successors are elected and qualified. No such trustee shall receive any compensation for his services as such.