Powers of corporation; issuance of stock.
MCL 457.275
in effect457.275. 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.
1909, Act 35, Eff. Sept. 1, 1909; CL 1915, 10438; CL 1929, 10639; CL 1948, 457.275
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-457-275Fetched: 10/20/2026
