(1) One or more persons may be the incorporators of a corporation under this act by signing in ink and filing articles of incorporation for the corporation which shall be in the form prescribed by section 202 of Act No. 284 of the Public Acts of 1972, being section 450.1202 of the Michigan Compiled Laws. The articles shall specify that the purpose is to form a telephone corporation for profit and to engage in the telephone business.
  (2) A corporation organized under this act shall be governed by Act No. 284 of the Public Acts of 1972, as amended, being section 450.1101 to 450.2099 of the Michigan Compiled Laws.

Terms Used In Michigan Laws 484.1

  • 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.