Michigan Laws 123.1207 – Articles of incorporation; contents; adoption; amendment; publication; filing; effectiveness
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Terms Used In Michigan Laws 123.1207
- Articles: means the articles of incorporation of an authority. See Michigan Laws 123.1203
- Authority: means an art institute authority established under section 5. See Michigan Laws 123.1203
- Board: means the board of directors of the authority. See Michigan Laws 123.1203
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(1) To initiate the establishment of an authority, articles of incorporation shall be prepared by a majority of the members of the county board of commissioners of the county establishing the authority. The articles of incorporation shall include all of the following:
(a) The name of the authority.
(b) The size of the board of the authority, which shall be composed of an odd number of members and shall not exceed 15 members; the qualifications and terms of office of board members; the manner of appointing the members of the board of the authority; and the filling of vacancies in the office of board member.
(c) The purpose of the authority.
(d) The method of dissolution of the authority.
(e) Any other matters considered advisable.
(2) The articles shall be adopted and may be amended by an affirmative vote of a majority of the members of the county board of commissioners of the county establishing the authority.
(3) Before the proposed articles or proposed amendments to the articles are adopted, the proposed articles or amendments shall be published not less than once in a newspaper generally circulated within the county. The adoption of proposed articles or amendments by the county shall be evidenced by an endorsement on the articles or amendments by the clerk of the county.
(4) Upon adoption of the articles or amendments to the articles by the county, a printed copy of the articles or the amended articles shall be filed with the secretary of state by the clerk of the county.
(5) The authority’s articles of incorporation, or amendments to the articles, take effect upon filing with the secretary of state.