Fiduciary security transfers; corporation or transfer agent, nonliability.
MCL 441.106
in effect441.106. Fiduciary security transfers; corporation or transfer agent, nonliability.
Sec. 6.
A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this act.
1959, Act 239, Eff. Mar. 19, 1960
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-441-106Fetched: 10/20/2026
