Sec. 3.

Any such corporation whose term has already expired may take advantage of this act at any time within 5 years of the date of such expiration, and any such corporation whose term shall hereafter expire may be so reorganized and renewed within 3 years of such expired term.

History: 1911, Act 55, Eff. Aug. 1, 1911 ;– CL 1915, 10059 ;– CL 1929, 10387 ;– CL 1948, 455.283