Mich. Comp. Laws § 455.312

Current through Public Act 149 of the 2024 Legislative Session
Section 455.312 - Vesting of property in municipality

If any such corporation fail at any time to have members and no trustees ad interim shall have been appointed, then until such time as the disability of such corporation as trustee shall have been removed, the title to the property thus held in trust shall vest in the municipality or municipalities for which the corporation has held the same in trust.

MCL 455.312

1911, Act 161, Eff. 8/1/1911 ;--CL 1915, 10141 ;--CL 1929, 10399 ;--CL 1948, 455.312.