For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Acceptance of gift, grant, or bequest by board.

MCL 38.1042
in effect
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38.1042. Acceptance of gift, grant, or bequest by board. Sec. 42. The board may accept any gift, grant, or bequest of any money or securities for the purposes designated by the grantor. 1957, Act 261, Eff. Sept. 27, 1957; Am. 1981, Act 123, Imd. Eff. July 23, 1981
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-38-1042Fetched: 10/20/2026

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