Mich. Comp. Laws § 125.1491

Current through Public Act 171 of the 2024 Legislative Session
Section 125.1491 - Limited dividend housing association; approval; membership

Limited dividend housing association includes general or limited partnerships, limited liability companies, joint ventures, or trusts, as any such entities shall be approved by resolution of the authority. Members of a limited dividend housing association shall include each and all persons with a legal or beneficial interest of any kind in a limited dividend housing association or its assets.

MCL 125.1491

Add. 1970, Act 129, Imd. Eff. 7/29/1970 ;--Am. 1996, Act 475, Imd. Eff. 12/26/1996.