Basic organization document; approval.

Mich. Comp. Laws § 125.1496, under STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966.

Mich. Comp. Laws § 125.1496

Sec. 96. Before any limited dividend housing association can receive any benefits as a result of qualifying under this act, the authority must approve the terms of the partnership agreement, joint venture agreement, trust agreement or other document of basic organization.