US Lawyer Database

74.2 Village not to own stock.

Sec. 2.

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

History: 1895, Act 3, Imd. Eff. Feb. 19, 1895 ;– CL 1897, 2936 ;– CL 1915, 2821 ;– CL 1929, 1730 ;– CL 1948, 74.2