Terms Used In Michigan Laws 457.575

  • 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 duly 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 constitution, general laws and by-laws, ordinances, and regulations, as it shall judge proper for the regulation and government of such subordinate lodges, not repugnant to the laws of this state.