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§ 450.3133 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  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. § 450.3133
Michigan Legal Code

§ 450.3133

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450.3133 Classification. Sec. 1133. If a cooperative has classes of members pursuant to section 304, classification shall be based only on 1 or more of the following number of members, number of persons served, type of patronage, level of patronage, or whether or not members are patrons. In a consumer cooperative, classification of consumers by level of patronage shall not be used. History: Add. 1984, Act 209, Eff. Nov. 1, 1985