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§ 450.3109 — Michigan Law | CourtGPT
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  4. Chapter 450 - Corporationsact 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)/
  5. Statute Act 162 of 1982/
  6. Division 162 1982 11/
  7. § 450.3109
Michigan Legal Code

§ 450.3109

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450.3109 Requirements of MCL 460.1 et seq. not modified; effect of economic activity conducted by cooperative. Sec. 1109. (1) This chapter does not modify the requirements of Act No. 3 of the Public Acts of 1939, being sections 460.1 to 460.8 of the Michigan Compiled Laws. (2) The fact that a cooperative conducts economic activity under this act shall not alone cause the economic activity of the cooperative to be considered a conspiracy or combination in restraint of trade or an illegal monopoly, or an attempt to lessen competition or fix prices arbitrarily. History: Add. 1984, Act 209, Eff. Nov. 1, 1985