Michigan Laws > Chapter 486 > Act 86 of 1893 – Operation of Electrical Plants by Water Supply Companies
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Terms Used In Michigan Laws > Chapter 486 > Act 86 of 1893 - Operation of Electrical Plants by Water Supply Companies
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Personal property: All property that is not real property.
- 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