Michigan Code § 74.2

Village Not to Own Stock.
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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

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