Michigan § 500.7024 - Powers of MEWA.

Full text of Michigan Michigan Compiled Laws § 500.7024 — Powers of MEWA., with citation guidance and answers to common questions.

§ 500.7024. Powers of MEWA.

Sec. 7024.

Every MEWA, unless otherwise provided, or inconsistent with this chapter, shall have power:

(a)

To have succession, by its name, for the term stated in its trust agreement, which shall be in perpetuity unless otherwise specified.

(b)

To sue and be sued, complain and defend, in any court of law or equity or to be a party to any proceedings before any board or commission or other public body of this state or any other state or government; suits at law may be maintained by the MEWA against any of its members for any cause relating to the business of the MEWA.

(c)

To have a seal which may be altered at pleasure and to use the seal by causing it or a facsimile of the seal to be impressed or affixed or reproduced, or otherwise.

(d)

To appoint such officers and agents as the business of the MEWA shall require and to allow them suitable compensation.

(e)

To make, alter, amend, and repeal bylaws for the regulation and government of its affairs.

(f)

To conduct its business in this state, other states, the District of Columbia, the territories and colonies of the United States and in foreign countries and the territories and colonies thereof and have 1 or more offices out of this state and to acquire, purchase, hold, mortgage, pledge, assign, transfer and convey real and personal property out of this state subject to the provisions of this chapter.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 500.7024

What does Michigan Compiled Laws § 500.7024 cover?

Section 500.7024 ("Powers of MEWA.") 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 § 500.7024?

A common citation format is "Michigan Compiled Laws § 500.7024" (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 § 500.7024 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.