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Form a Business

Shares deemed personal property; transfer.

MCL 486.66
in effect
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486.66. 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. 1883, Act 39, Imd. Eff. Apr. 21, 1883; How. 3895p; CL 1897, 6804; CL 1915, 8903; CL 1929, 11838; CL 1948, 486.66 [PopularName] Water Company Act
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-486-66Fetched: 10/20/2026

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