MCL - Index of 284-1972-3
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| 284-1972-3 | CHAPTER 3 CAPITAL STRUCTURE AND CORPORATE FINANCE (450.1301...450.1392) |
| Section 450.1301 | Issuance and classes of shares; rights, preferences, and limitations. |
| Section 450.1301a | Amendment deleting reference to par value. |
| Section 450.1302 | Class of shares; division and issuance in series; rights and preferences; certificate; resolution eliminating class or series of shares; subsequent resolution. |
| Section 450.1303 | Convertible shares and bonds; increase in shares to satisfy conversion privileges. |
| Section 450.1304 | Convertible shares and bonds; conditions to issuance; disposition of convertible bonds or shares. |
| Section 450.1304a | Redeemable shares. |
| Section 450.1305 | Subscription for shares. |
| Section 450.1306 | Subscription for shares; payment; call; security interest. |
| Section 450.1307 | Subscription agreement; default in payment; rights and duties of corporation. |
| Section 450.1308 | Cancellation of shares upon rescission of subscription. |
| Section 450.1311, 450.1313 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1314 | Reservation of powers to shareholders; consideration for authorized issuance of shares; determination of adequacy; shares fully paid and nonassessable; rights and privileges of subscriber. |
| Section 450.1315 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1317 | Liability of purchaser, holder, subscriber, assignee, transferee, pledgee, or shareholder. |
| Section 450.1321 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1327 | Expenses of organization and reorganization; expenses of sale or underwriting of shares. |
| Section 450.1331 | Share certificates. |
| Section 450.1332 | Share certificates; contents. |
| Section 450.1334 | Share certificates; loss or destruction; bond. |
| Section 450.1335 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1336 | Issuance or transfer of shares without certificates; statement. |
| Section 450.1338 | Fractions of share or scrip. |
| Section 450.1341 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1341a | Issuance of shares pro rata and without consideration; share dividend. |
| Section 450.1342 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1342a | Rights, options, or warrants. |
| Section 450.1343 | Preemptive rights. |
| Section 450.1344 | Acquisition of own shares by corporation; shares as authorized but unissued; reducing number of authorized shares if reissuance prohibited; restriction on acquisition. |
| Section 450.1345 | Distributions to shareholders; record date for determining entitlement; prohibited distribution; determination; measuring effect of distribution; indebtedness to shareholder; obligation to make future payments; enforceability of guaranty or other undertaking by third party; asserting right of rescission or other legal or equitable rights. |
| Section 450.1351-450.1367 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1368 | Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997. |
| Section 450.1371-450.1381 | Repealed. 1989, Act 121, Eff. Oct. 1, 1989. |
| Section 450.1391 | Inspection and voting rights of bondholders; facsimile signatures. |
| Section 450.1392 | Chapter inapplicable to distributions in dissolution. |