{"data":{"id":"us-mi/mich.-comp.-laws-125.912a","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 125.912a","heading":"Redevelopment corporation; powers and authority.","body":"Sec. 12a.\n\nExcept as otherwise provided in this act, a redevelopment corporation may do all of the following:\n\nForm or incorporate nonprofit corporations under the laws of this state for any purpose not inconsistent with the purposes for which the redevelopment corporation was formed.\n\nServe as a shareholder or member of a qualified nonprofit corporation organized under the laws of this state.\n\nAuthorize, approve, execute, and file with the Michigan department of consumer and industry services those documents that are appropriate to form and continue 1 or more nonprofit corporations.\n\nForm or incorporate for-profit corporations, partnerships, and limited liability companies under the laws of this state for any purpose not inconsistent with the purposes for which the redevelopment corporation was formed.","path":["MI Code","Chapter 125","Act Act-250-of-1941"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-912a","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"d97aa55b4b89ba4ccb143af39ccd39213c2a0b49de49acf9ce9e2d809a82dc26","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-125.912","next":"us-mi/mich.-comp.-laws-125.912b"},"notice":"GroundRules: Original legal text. Not legal advice."}