State Codes and Statutes
Statutes > Michigan > Chapter-450 > Act-162-of-1982 > 162-1982-11 > Section-450-3121NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982
450.3121 Articles of incorporation; requirement.
Sec. 1121.
In addition to the requirements of section 202, the articles of incorporation of a cooperative organized under this act shall state whether the cooperative will be financed on a membership fee basis, a member capital basis, or a combination of both.
History: Add. 1984, Act 209, Eff. Nov. 1, 1985
