Michigan Code § 113.11

City Not to Own Stock of Incorporated Companies.
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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

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