113.11 City not to own stock of incorporated companies.
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