Mich. Comp. Laws § 450.3131: Organization on nonstock membership basis.
Where this section sits in the code
- MI Code
- Chapter 450
- Act Act-162-of-1982
Sec. 1131.
Notwithstanding section 302, a cooperative organized under this act shall be organized on a nonstock membership basis and shall not be organized on a stock or directorship basis.
Collected 2026-09-14T18:32:31Z. Source file · JSON