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

Village not to own stock.

MCL 74.2
in effect
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74.2. Village not to own stock. Sec. 2. No village shall become the owner or holder of stock or shares in any incorporated company. 1895, Act 3, Imd. Eff. Feb. 19, 1895; CL 1897, 2936; CL 1915, 2821; CL 1929, 1730; CL 1948, 74.2
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-74-2Fetched: 10/20/2026

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