MCL - Section 74.2
Act 3 of 1895
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
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CL 1897, 2936
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CL 1915, 2821
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CL 1929, 1730
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CL 1948, 74.2