MCL - Section 457.275
Act 35 of 1909
457.275 Powers of corporation; issuance of stock.
Sec. 5.
Every such corporation shall have full power and authority to provide by its by-laws for the issuing of certificates or shares of stock and for the manner in which the same shall be held and represented.
History: 1909, Act 35, Eff. Sept. 1, 1909
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CL 1915, 10438
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CL 1929, 10639
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CL 1948, 457.275