Terms Used In Michigan Laws 457.452

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
   When the foregoing requirements are complied with, the tent shall be a body corporate by the name expresed in such articles, and by that name shall be a person in the law capable of suing and being sued in courts, and of taking and holding property of every kind the same as natural persons, and a copy of said articles of association, duly certified by the corporation and securities bureau of the department of commerce in whose possession they are, shall be conclusive evidence in all courts and places, of the existence and due incorporation of such tent.