Chapter
Chapter 3
- Mich. Comp. Laws § 450.2301— Payment or distribution of assets, income, or profit; conferring benefits on shareholders or members; transfer of money or property to or for benefit of directors or officers; dividends or distributions to shareholders or members; corporation charging fees or prices for services or products; use, conveyance, or distribution of assets held by corporation for noncharitable purposes; prohibition
- Mich. Comp. Laws § 450.2302— Corporation organized upon nonstock basis
- Mich. Comp. Laws § 450.2303— Corporation organized on stock basis; issuance of shares authorized in articles of incorporation; rules of qualification and government of shareholders
- Mich. Comp. Laws § 450.2303a— Corporation board organized on stock basis; amendment of articles of incorporation deleting reference to par value
- Mich. Comp. Laws § 450.2303b— Conversion of shares into shares of any class or bonds; conversion of bonds into other bonds or shares; authorization of board to increase authorized shares
- Mich. Comp. Laws § 450.2303c— Issuance of bonds convertible into shares or shares convertible into other shares of corporation; condition; cancellation of converted bonds; restoration of converted shares
- Mich. Comp. Laws § 450.2303d— Shares redeemable in cash, bonds, securities, or other property; prices and conditions
- Mich. Comp. Laws § 450.2304— Corporation organized on membership basis; provisions of articles or bylaws; rights, preferences, and limitations of or on members; classes of members; voting rights; condominium association; homeowners or property owners association; transferability and termination of membership; rules of qualification and government; limitations on membership
- Mich. Comp. Laws § 450.2305— Corporation organized on directorship basis; members; voting; matters subject to action by board of directors
- Mich. Comp. Laws § 450.2307— Subscription for shares or membership; enforceability; irrevocability; acceptance; consent to revocation; subscription agreement
- Mich. Comp. Laws § 450.2308— Subscription for shares or membership; payment; installments; call for payment ratable; retention of security interest as security for performance by subscriber
- Mich. Comp. Laws § 450.2309— Default in payment of amount due under subscription agreement; rights and duties of corporation; limiting and adding to rights and remedies of corporation
- Mich. Comp. Laws § 450.2310— Rescission of subscription under which part of shares issued and in which security interest retained as cancellation of shares
- Mich. Comp. Laws § 450.2311— Fees or dues required as condition of shareholding or membership; fixing; enforcement
- Mich. Comp. Laws § 450.2313— Corporation, foreign corporation, business corporation, foreign business corporation, limited liability company, unincorporated association, partnership, or other person as shareholder or member; officers and directors as director of corporation; rights, powers, privileges, and liabilities of shareholders or members
- Mich. Comp. Laws § 450.2314— Corporation organized on stock basis; issuance of shares; powers
- Mich. Comp. Laws § 450.2317— Person purchasing shares of corporation; person holding stock or membership in fiduciary or representative capacity; person becoming assignee, transferee, or pledgee of shares or membership; liability
- Mich. Comp. Laws § 450.2327— Charges and expenses of organization or reorganization; sale or underwriting expenses and compensation; payment or allowance
- Mich. Comp. Laws § 450.2331— Representation of shares by certificates; signatures of officers; seal; facsimiles
- Mich. Comp. Laws § 450.2332— Certificate representing shares; required statements
- Mich. Comp. Laws § 450.2334— Lost or destroyed certificate; issuance of new certificate; bond
- Mich. Comp. Laws § 450.2336— Authorization of shares without certificates
- Mich. Comp. Laws § 450.2338— Issuing fractions of shares; powers of corporation; providing opportunity to purchase additional fractions of share or scrip
- Mich. Comp. Laws § 450.2341a— Issuance of shares pro rata and without consideration; issuance of shares as share dividend; "share dividend" defined
- Mich. Comp. Laws § 450.2343— Preemptive right of shareholder of corporation organized on stock basis to acquire unissued shares; extent; statement; principles; "shares" defined
- Mich. Comp. Laws § 450.2344— Acquisition of own shares or memberships; amendment of articles of incorporation
- Mich. Comp. Laws § 450.2345— Distributions to shareholders or members
- Mich. Comp. Laws § 450.2391— Conferring voting and inspection rights upon bond holders; signatures of officers
- Mich. Comp. Laws § 450.2392— Applicability of chapter to distributions made in dissolution under chapter 8