Sec. 1121. In addition to the requirements of section 202, the articles of incorporation of a cooperative organized under this act shall state whether the cooperative will be financed on a membership fee basis, a member capital basis, or a combination of both.
Articles of incorporation; requirement.
Mich. Comp. Laws § 450.3121, under NONPROFIT CORPORATION ACT.
Mich. Comp. Laws § 450.3121