Quote:
Posted By JanetB2 on 03/09/2011 1:57 PM
Here is link if non-profit:
http://www.legislature.mi.gov/(S(orymd4vakenierf11bzfwq45))/mileg.aspx?page=getObject&objectName=mcl-Act-162-of-1982
Hi Valerie:
The above Act 162 of 1982 is potentially what you are covered under, unless possibly your documents state otherwise. In this Act are sections regarding non-profit and homeowner associations such as the following section as an example:
450.2304 Corporation organized upon membership basis; provisions of articles or bylaws; rights, preferences, and limitations of or upon members; classes of members; voting rights; condominium association; homeowners or property owners association; transferability and termination of membership; rules of qualification and government; limitations on membership.