BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972

450.1471 Shares as personal property; shares transferable.

Sec. 471.

The shares of a corporation are personal property and are transferable in accordance with article 8 of the uniform commercial code, 1962 PA 174, MCL 440.8101 to 440.8601, except as otherwise provided in this act.

History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 2000, Act 358, Eff. Mar. 28, 2001

Rendered 8/14/2025 11:32 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov