Section 455.211 – Corporate Jurisdiction; Liability for Condition of Streets.
455.211 Corporate jurisdiction; liability for condition of streets. Sec. 11. Such corporation, through its properly delegated officers, shall have jurisdiction over the lands owned by the corporation and over the lands owned by the members of said corporation for the exercise of the police powers herein conferred. The corporation shall have jurisdiction over the streets […]
Section 455.212 – By-Laws; Enactment, Authority of Board of Trustees.
455.212 By-laws; enactment, authority of board of trustees. Sec. 12. The board of trustees shall have the authority to enact by-laws, subject to repeal or modification by the members at any regular or special meeting, calculated and designed to carry into effect the following jurisdiction over the lands owned by the corporation and its members, […]
Section 455.213 – By-Laws; Effective Date, Posting.
455.213 By-laws; effective date, posting. Sec. 13. All by-laws, so established by the corporation, shall take effect 10 days after passage and each of said by-laws shall be posted conspicuously in 3 public places within the jurisdictional area of said corporation, at least 5 days before the time of taking effect and proof of such […]
Section 455.214 – By-Laws; Violation, Penalty.
455.214 By-laws; violation, penalty. Sec. 14. Any person who shall violate any of such by-laws shall be deemed guilty of a misdemeanor and upon conviction thereof shall be punished by a fine of not exceeding 25 dollars or imprisonment in the county jail not to exceed 30 days or by both such fine and imprisonment […]
Section 455.106 – Lots and Plots; Proceeds of Sale, Disposition.
455.106 Lots and plots; proceeds of sale, disposition. Sec. 6. At least 60 per cent of the proceeds of all sales of lots and plots shall first be appropriated to the payment of the purchase money of the lands acquired by the association, until the purchase money shall be paid, and the residue thereof, as […]
Section 455.206c – Election; Voters, Eligibility.
455.206c Election; voters, eligibility. Sec. 6c. For the purpose of such election all freeholders who have resided week-ends in the territory to be affected for a period 1 month prior to such election and who are qualified voters in any voting precinct of the state of Michigan at general elections, are qualified voters for the […]
Section 455.107 – Lots and Plots; Purchase Agreement.
455.107 Lots and plots; purchase agreement. Sec. 7. Associations formed under the provisions of this act may agree with the person or persons from whom its lands, or any part thereof may be purchased, to pay for such lands, as the purchase price thereof, any specified part or portion of the proceeds of all sales […]
Section 455.108 – Lots and Plots; Plot Prerequisite to Sale.
455.108 Lots and plots; plot prerequisite to sale. Sec. 8. Before proceeding to sell any lots or plots as hereinbefore provided, the trustees of the association shall cause to be made and filed, as required by the provisions of acts relating to the making, recording and vacating of plats, a plat of the grounds belonging […]
Section 455.109 – Lots and Plots; Tax Assessment; Sale for Taxes, Association as Purchaser.
455.109 Lots and plots; tax assessment; sale for taxes, association as purchaser. Sec. 9. All lots or plots sold shall be assessed and taxed to the owners and holders thereof, and sold in default of the payment of taxes, in like manner as provided by law for the taxation and sale of other real estate; […]
Section 455.110 – Annual Report to Lot Owners; Special Election, Trustees, Appointment, Term.
455.110 Annual report to lot owners; special election, trustees, appointment, term. Sec. 10. The trustees at each annual election shall make a report to the lot owners of their doings and of the management and condition of the property and concerns of the association. If the annual election shall not be held on the day […]