{"data":{"id":"us-mi/mich.-comp.-laws-455.304","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 455.304","heading":"Body corporate; powers.","body":"Sec. 4.\n\nUpon the recording of such articles of association the persons who have signed and acknowledged the same, their associates and successors, shall thereupon become a body politic and corporate and shall have power:\n\nTo sue and be sued;\n\nTo appoint and employ such officers, managers and agents as the affairs of the corporation may require;\n\nTo make rules and by-laws for the regulation and management of its affairs, and alter and repeal the same;\n\nTo acquire, hold, sell and convey all real and personal property suitable or necessary for the transaction of the business of the corporation, and to do all things in relation thereto in the same manner and to the same extent as a natural person.","path":["MI Code","Chapter 455","Act Act-161-of-1911"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-455-304","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"917bef312ff9ed34fb1bf2b0e419171f372fc4a18d39e048ea2738a16d7906df","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-455.303","next":"us-mi/mich.-comp.-laws-455.305"},"notice":"GroundRules: Original legal text. Not legal advice."}