Mich. Comp. Laws § 559.154

Bylaws; mandatory provisions; allocation of votes; dispute, claim, or grievance; applicability of subsections (8), (9), and (10).

No plain-English summary yet for this section. Read the statutory text below or open the official source.

Statutory text

Sec. 54.

The bylaws shall contain provisions for the designation of persons to administer the affairs of the condominium project and shall require that those persons keep books and records with a detailed account of the expenditures and receipts affecting the condominium project and its administration, and which specify the operating expenses of the project.

The bylaws shall provide that the person designated to administer the affairs of the project shall be assessed as the person in possession for any tangible personal property of the project owned or possessed in common by the co-owners. Personal property taxes based on that tangible personal property shall be treated as expenses of administration.

The bylaws shall contain specific provisions directing the courses of action to be taken in the event of partial or complete destruction of the building or buildings in the project.

The bylaws shall provide that expenditures affecting the administration of the project shall include costs incurred in the satisfaction of any liability arising within, caused by, or connected with, the common elements or the administration of the condominium project, and that receipts affecting the administration of the condominium project shall include all sums received as the proceeds of, or pursuant to, a policy of insurance securing the interest of the co-owners against liabilities or losses arising within, caused by, or connected with the common elements or the administration of the condominium project.

The bylaws shall provide that the association of co-owners shall prepare and distribute to each owner at least once each year a financial statement, the contents of which shall be defined by the association of co-owners.

The bylaws shall provide an indemnification clause for the board of directors of the association of co-owners. The indemnification clause shall require that 10 days' notice, before payment under the clause, be given to the co-owners. The indemnification clause shall exclude indemnification for willful and wanton misconduct and for gross negligence.

The bylaws may allocate to each condominium unit a number of votes in the association of co-owners proportionate to the percentage of value appertaining to each condominium unit, or an equal number of votes in the association of co-owners.

The bylaws shall contain a provision providing that arbitration of disputes, claims, and grievances arising out of or relating to the interpretation of the application of the condominium document or arising out of disputes among or between co-owners shall be submitted to arbitration and that the parties to the dispute, claim, or grievance shall accept the arbitrator's decision as final and binding, upon the election and written consent of the parties to the disputes, claims, or grievances and upon written notice to the association. The commercial arbitration rules of the American arbitration association are applicable to any such arbitration.

In the absence of the election and written consent of the parties under subsection (8), neither a co-owner nor the association is prohibited from petitioning a court of competent jurisdiction to resolve any dispute, claim, or grievance.

The election by the parties to submit any dispute, claim, or grievance to arbitration prohibits the parties from petitioning the courts regarding that dispute, claim, or grievance.

Subsections (8), (9), and

apply only to condominium projects established on or after the effective date of the amendatory act that added this subsection.

Synced from the Florida Legislature’s official site. Verify the current version before citing.

More Michigan statutes

Michigan Summer Resort Owners Corporation Act

Michigan association directory

Does your association comply?

Run your governing documents through the compliance scan. It checks them against the rules that apply in your state.

Run the compliance scan

Put this statute to work

Free tools for Michigan boards and owners. No account needed.

Browse all tools

Community discussion

No discussions tagged with Mich. Comp. Laws § 559.154 yet. Be the first to ask a question or share how your association handles this.

Free account. Read statutes without signing in; posting needs an account.

Find your association’s page

Watch this statute

Get an email when the text of Mich. Comp. Laws § 559.154 changes. No account needed.

Your governing documents

Statute pages break long law into searchable subsections. Upload your CC&Rs, bylaws, and rules for the same experience. Private to your account.

Find “budget” or “fines” in your docs
Search docs and statutes side by side · no AI, same keyword index
Share links to exact paragraphs with your board

Private to your account. PDF, Word, or paste. Same section finder as statutes.

Free account

A free account adds bookmarks, PDF export, uploaded governing documents, and side-by-side search with Florida statutes.

Bookmark statute sections you cite in meetings
Upload CC&Rs and bylaws with the same section finder
Ask questions in the Common Area forum

Common Elements is the always-on industry expo for community associations: vendor hall, professional community, and structured procurement, open 24/7. It complements the management and accounting software you already use; it does not replace it.

Mich. Comp. Laws § 559.154

Bylaws; mandatory provisions; allocation of votes; dispute, claim, or grievance; applicability of subsections (8), (9), and (10).

Save section

View official text

No plain-English summary yet for this section. Read the statutory text below or open the official source.

Statutory text

Search all statutes

Sec. 54.

The bylaws shall contain specific provisions directing the courses of action to be taken in the event of partial or complete destruction of the building or buildings in the project.

The election by the parties to submit any dispute, claim, or grievance to arbitration prohibits the parties from petitioning the courts regarding that dispute, claim, or grievance.

Subsections (8), (9), and

apply only to condominium projects established on or after the effective date of the amendatory act that added this subsection.

Synced from the Florida Legislature’s official site. Verify the current version before citing.

More Michigan statutes

Michigan Summer Resort Owners Corporation Act

Michigan association directory

Does your association comply?

Run your governing documents through the compliance scan. It checks them against the rules that apply in your state.

Run the compliance scan

Put this statute to work

Free tools for Michigan boards and owners. No account needed.

Browse all tools

Community discussion

No discussions tagged with Mich. Comp. Laws § 559.154 yet. Be the first to ask a question or share how your association handles this.

Free account. Read statutes without signing in; posting needs an account.

Find your association’s page

Watch this statute

Get an email when the text of Mich. Comp. Laws § 559.154 changes. No account needed.

Your governing documents

Statute pages break long law into searchable subsections. Upload your CC&Rs, bylaws, and rules for the same experience. Private to your account.

Find “budget” or “fines” in your docs
Search docs and statutes side by side · no AI, same keyword index
Share links to exact paragraphs with your board

Private to your account. PDF, Word, or paste. Same section finder as statutes.

Free account

A free account adds bookmarks, PDF export, uploaded governing documents, and side-by-side search with Florida statutes.

Bookmark statute sections you cite in meetings
Upload CC&Rs and bylaws with the same section finder
Ask questions in the Common Area forum

Statutory text

More Michigan statutes

Does your association comply?

Put this statute to work

Community discussion

Watch this statute

Your governing documents

Save your place and go deeper

Statutory text

More Michigan statutes

Does your association comply?

Put this statute to work

Community discussion

Watch this statute

Your governing documents

Save your place and go deeper