Common use of Voting Eligibility Clause in Contracts

Voting Eligibility. Each joint tenant, tenant in common, tenant by the entireties, land contract vendee, and person who holds an undivided interest in fee, as well as each life tenant of property located within the Territory, is a "freeholder," and each such freeholder is eligible and shall be Members of the Corporation as set forth by Public Act 137 of 1929, and per Michigan Attorney General opinion #7230, and each Member is further granted the right to vote under the Act.

Appears in 5 contracts

Samples: Bylaws, Bylaws, Bylaws

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!