MCL - Index of Act 56 of 1957

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 56 of 1957 CORPORATE FIDUCIARY STOCKHOLDERS (555.441 - 555.447)
Section 555.441 Corporation as fiduciary or co-fiduciary holding stock or securities in name of nominee; consent of co-fiduciary; endorsement of certificate.
Section 555.442 Acts of nominee, federal reserve bank, and clearing corporation deemed acts of corporation acting as fiduciary.
Section 555.443 Records of corporation to show ownership of stock or other securities held by corporation as fiduciary; manner of keeping stocks and other securities separate from assets of corporation.
Section 555.444 Deposit of securities with federal reserve bank; crediting deposit; designating fiduciary account; records to show ownership of securities held in account; transfer of securities.
Section 555.445 Deposit of securities in clearing corporation, bank, or trust company; deposit of securities by clearing corporation, bank, or trust company in another clearing corporation, bank, or trust company; evidence of safety of securities; merging certificates; holding certificates in bulk; transfer of securities; approval of commissioner.
Section 555.446 Rules.
Section 555.447 Applicability of amendatory act.