COLONIAL DAMES OF AMERICA (EXCERPT)
Act 35 of 1897
457.83 Articles; filing; body corporate, powers.
A copy of said articles of association shall be filed with the secretary of state, and thereupon the persons who have signed such articles of association, their associates and successors, shall be a body corporate and known in the law and in fact by the name assumed by them in said articles of association, and by that name they and their associates and successors shall have succession and be capable to purchase, take, hold, receive and enjoy real, personal and mixed property; to sue and be sued, to have a common seal; and shall have authority and power to give, grant, demise, sell, lease and dispose of such real and personal and mixed estate belonging to them, or any part thereof, as they may see fit.
History: 1897, Act 35, Eff. Aug. 30, 1897
CL 1897, 7865
CL 1915, 10302
CL 1929, 10584
CL 1948, 457.83
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