MCL - Section 486.216
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
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CL 1915, 8935
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CL 1929, 11870
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CL 1948, 486.216