City Not to Own Stock of Incorporated Companies.

  1. Law
  2. Michigan Compiled Laws
  3. Fourth Class Cities
  4. 215 of 1895 - The Fourth Class City Act (81.1 - 113.20)
  5. Chapter XXXIII Fourth Class Cities—miscellaneous. (113.1...113.20)
  6. City Not to Own Stock of Incorporated Companies.

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Sec. 11.

No such city shall become the owner or holder of stock or shares in any incorporated company.

History: 1895, Act 215, Eff. Aug. 30, 1895 ;-- CL 1897, 3368 ;-- CL 1915, 3291 ;-- CL 1929, 2213 ;-- CL 1948, 113.11


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