Michigan Compiled Laws

Mich. Comp. Laws § 74.2 (2026)

Village not to own stock.

✓ current as of July 2026

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THE GENERAL LAW VILLAGE ACT

Act 3 of 1895

74.2 Village not to own stock.

Sec. 2.

No village shall become the owner or holder of stock or shares in any incorporated company.

History: 1895, Act 3, Imd. Eff. Feb. 19, 1895 ;-- CL 1897, 2936 ;-- CL 1915, 2821 ;-- CL 1929, 1730 ;-- CL 1948, 74.2

Notes of Decisions

Cited in 1 case, 1994–1994 · leading case: People v. Stanaway, 521 N.W.2d 557 (Mich. 1994).

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People v. Stanaway, 521 N.W.2d 557 (Mich. 1994). · cites it 2× “[McCormick, Evidence (3d ed), § 74.2, p 179.] Thus, a case for the necessity of disclosure of privileged information is not made out if the information sought is merely cumulative of evidence otherwise available to the defendant.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.