Michigan § 454.201 Builders and traders exchanges; incorporation, purposes.

Michigan Statutes

§ 454.201 — Builders and traders exchanges; incorporation, purposes.

Michigan § 454.201

Ch. 454TRADE AND LABOR ASSOCIATIONS

Act 28 of 1891BUILDERS AND TRADERS EXCHANGES (454.201-454.205)

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Bluebook

Mich. Comp. Laws § 454.201 (2026).

Text

BUILDERS AND TRADERS EXCHANGES (EXCERPT) Act 28 of 1891 454.201 Builders and traders exchanges; incorporation, purposes. Sec.

1.That any number of persons, not less than 3, may associate themselves together and become incorporated as a builders or a builders and traders exchange for the purpose of providing and regulating suitable rooms or places of meeting; to promote mechanical and industrial interests, to inculcate just and equitable principles of trade, to establish and maintain uniformity in commercial usages, by rules and regulations; to acquire, preserve and disseminate valuable business information; to adjust differences and settle disputes between members, or between members and others; and for other purposes conducive to the interests of members thereof.

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BUILDERS AND TRADERS EXCHANGES (EXCERPT) Act 28 of 1891 454.201 Builders and traders exchanges; incorporation, purposes. Sec. 1. That any number of persons, not less than 3, may associate themselves together and become incorporated as a builders or a builders and traders exchange for the purpose of providing and regulating suitable rooms or places of meeting; to promote mechanical and industrial interests, to inculcate just and equitable principles of trade, to establish and maintain uniformity in commercial usages, by rules and regulations; to acquire, preserve and disseminate valuable business information; to adjust differences and settle disputes between members, or between members and others; and for other purposes conducive to the interests of members thereof.