Terms Used In Michigan Laws 457.63

  • 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
  • seal: shall be construed to include any of the following:
  (a) The impression of the seal on the paper alone. See Michigan Laws 8.3n
  • 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
  •    A copy of said articles of association together with a copy of the constitution and bylaws of the association of which the persons executing said articles are members, duly translated into the English language and properly authenticated as a correct translation of the same, from the French into the English language, and duly sworn to and acknowledged as such, by the person translating the same, before some officer of this state having authority to take acknowledgments of deeds whenever said articles of association and the bylaws have been or shall be originally written in the French language, shall be filed with the corporation and securities bureau of the department of commerce and thereupon the persons who have signed said articles of association and their successors, shall be a body corporate and politic, and known in law and in fact by the name expressed in such articles of association; and by that name they and their successors shall have succession, and shall be persons in law capable of suing and being sued, and they and their successors may have a common seal and may alter and change the same at pleasure, and a certified copy of the record of such articles of association, under the seal of the corporations bureau of the department of commerce, shall be received as prima facie evidence of the due existence and incorporation of such association in all courts within this state.