For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Shares deemed personalty; transfer.

MCL 485.127
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
485.127. Shares deemed personalty; transfer. Sec. 27. 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. 1869, Act 149, Imd. Eff. Apr. 5, 1869; CL 1871, 2742; How. 3871; CL 1897, 6747; CL 1915, 8848; CL 1929, 11783; CL 1948, 485.127
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-485-127Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements