Act 232 of 1863 - WATER POWER COMPANIES (486.1 - 486.22)
- Section 486.1 - Water power companies; incorporators; notice of formation; articles of association, contents.
- Section 486.2 - Articles of association; signing, filing, evidence; body corporate, powers.
- Section 486.3 - Board of directors; annual election, notice; officers, treasurer's bond; vacancy.
- Section 486.4 - Membership in association; procedure, rights.
- Section 486.5 - Repairs; permanent improvements, approval of members; expense.
- Section 486.6 - Repairs; statement, filing, contents.
- Section 486.7 - Assessment for repairs or improvements.
- Section 486.8 - Assessment; collection; non-payment, use of water prohibited.
- Section 486.9 - Assessment; notice to non-resident.
- Section 486.10 - Assessment; mortgage lien; preference.
- Section 486.11 - Mortgage lien; certificate, contents, recording.
- Section 486.12 - Mortgage lien; foreclosure.
- Section 486.13 - Mortgage lien; commencement of suit after 60 days.
- Section 486.14 - Meetings of members of associations; notice, proof of service, filing.
- Section 486.15 - Watchman; appointment, duties, compensation.
- Section 486.16 - Contracts made by board of directors.
- Section 486.17 - Treasurer; duties.
- Section 486.18 - Assessment; recovery, interest.
- Section 486.19 - Disposition of funds at annual meeting.
- Section 486.20 - By-laws of association; regulations, promulgation, publishing, enforcement; meetings.
- Section 486.21 - Stockholder's liability.
- Section 486.22 - Tenants in common; consent for improvements and repairs, liability.