Property and Business; Management and Control.

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Sec. 4.

The management, direction and control of the property and business of such corporation shall be vested in such of its officers and persons as the constitution and by-laws of such subordinate court may direct, but when no special rule exists, then as a 2/3 majority of the members present at any regular meeting and acting thereon shall from time to time determine.

History: 1889, Act 116, Eff. Oct. 2, 1889 ;-- How. 4577d ;-- CL 1897, 8069 ;-- CL 1915, 10543 ;-- CL 1929, 10748 ;-- CL 1948, 457.544


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