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Summer Resort Association May Select Perpetual Term of Existence

Appellate, Commercial and Business Law / October 29, 2014

The Michigan Court of Appeals in Hogg v Four Lakes Ass’n, Inc., et al., ___ Mich App ____; NW2d ___ (2014), has issued a published opinion determining that a corporation formed under the Summer Resort Owners Act, MCL 455.201, et seq., may select a perpetual term of existence, notwithstanding a provision of the Act limiting the lifetime of such entities to 30 years…..


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