Michigan § 486.19 - Disposition of funds at annual meeting.
Full text of Michigan Michigan Compiled Laws § 486.19 — Disposition of funds at annual meeting., with citation guidance and answers to common questions.
§ 486.19. Disposition of funds at annual meeting.
At the annual meeting of the members of said association, held for the election of officers, pursuant to the by-laws thereof, the members representing the majority of interest in such water-power may by vote make disposition of all the funds shown by the report of the treasurer of the board of directors, to be made to said meeting, to be in his hands, and such funds shall be paid out as so voted by said treasurer upon the certificate of the president of said board.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 486.19
What does Michigan Compiled Laws § 486.19 cover?
Section 486.19 ("Disposition of funds at annual meeting.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 486.19?
A common citation format is "Michigan Compiled Laws § 486.19" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 486.19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.