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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 8. Any such association whenever required by the attorney general or the legislature shall report to him or them under the oath of at least 2 of its trustees a full and true statement of its condition and affairs; and for any willful neglect to make such report within a reasonable time after the same is so required the association shall be liable to pay to the people of this state a fine of 50 dollars; or if the attorney general shall so elect or be instructed by the governor, he may proceed against such association by information, to forfeit its charter for such neglect.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 454. Trade and Labor Associations § 454.8 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-454-trade-and-labor-associations/mi-comp-laws-454-8/
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