Terms Used In Michigan Laws 457.505

  • 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.
  • 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
   Such corporation when formed shall have power to institute and charter subordinate lodges within this state, and from time to time to make, ordain, constitute and establish such general laws and by-laws, ordinances and regulations, for the government of such subordinate lodges, not repugnant to law or to the constitution and regulations of the grand lodge or of the supreme lodge, as shall seem to it necessary and proper, and in case of non-compliance with such general laws, by-laws, ordinances, and regulations, to revoke and annul the charter granted to any such subordinate lodge: Provided, however, That the existing subordinate lodges heretofore duly chartered by the grand lodge of Michigan, or the supreme lodge, shall be subject to the control of the said grand lodge as heretofore, and in the same manner and to the same extent as those which may hereafter be chartered under this act.