454.154 Trade promotion societies; by-laws, contents, enforcement. Sec. 4. Every association incorporated under this act shall have power to make all needful by-laws for its government and enforce the same by the usual penalties and forfeitures; may thereby establish a uniform system of dues, assessments or benefits to be levied upon members, prescribe the duties of officers, require bonds of the same for the faithful discharge of their duties. History: 1885, Act 145, Eff. Sept. 19, 1885 ;-- How. 3934d ;-- CL 1897, 7454 ;-- CL 1915, 9826 ;-- CL 1929, 10293 ;-- CL 1948, 454.154
Michigan Legal Code