Michigan § 457.34 Property; holding, disposition.

Michigan Statutes

§ 457.34 — Property; holding, disposition.

Michigan § 457.34

Ch. 457FRATERNAL ASSOCIATIONS

Act 53 of 1875SOCIETIES OF ST. PATRICK (457.31-457.37)

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Bluebook

Mich. Comp. Laws § 457.34 (2026).

Text

SOCIETIES OF ST. PATRICK (EXCERPT) Act 53 of 1875 457.34 Property; holding, disposition. Sec.

4.Every corporation formed in pursuance of this act shall be capable in its corporate name of purchasing, taking, receiving, holding to itself and enjoying estates both real and personal: Provided, That the value of such real and personal estate shall not exceed the sum of 100,000 dollars, and that they and their successors shall have full authority and power to give, grant, sell, mortgage, lease, devise, and dispose of said real and personal estate, or part thereof, and other estate, real and personal, may acquire instead thereof, at their will and pleasure; and the proceeds shall be devoted exclusively to the charitable and benevolent purposes set forth in section 2.

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SOCIETIES OF ST. PATRICK (EXCERPT) Act 53 of 1875 457.34 Property; holding, disposition. Sec. 4. Every corporation formed in pursuance of this act shall be capable in its corporate name of purchasing, taking, receiving, holding to itself and enjoying estates both real and personal: Provided, That the value of such real and personal estate shall not exceed the sum of 100,000 dollars, and that they and their successors shall have full authority and power to give, grant, sell, mortgage, lease, devise, and dispose of said real and personal estate, or part thereof, and other estate, real and personal, may acquire instead thereof, at their will and pleasure; and the proceeds shall be devoted exclusively to the charitable and benevolent purposes set forth in section 2.