{"data":{"id":"us-mi/mich.-comp.-laws-450.3131","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.3131","heading":"Organization on nonstock membership basis.","body":"Sec. 1131.\n\nNotwithstanding 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.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-3131","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"1993e3fa4793b4ca198533bbbbd0cb9766263476deff4cd66a56362cd7941bb8","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.3125","next":"us-mi/mich.-comp.-laws-450.3132"},"notice":"GroundRules: Original legal text. Not legal advice."}