WATER POWER COMPANIES (EXCERPT)
Act 283 of 1905

486.216 Shares deemed personal property; transfer.

Sec. 16.

The shares of any company formed under this act shall be deemed personal property, and may be transferred as shall be prescribed by the by-laws of such company.

History: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8935 ;-- CL 1929, 11870 ;-- CL 1948, 486.216

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Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov