Sec. 5. Every such corporation shall have full power and authority to provide by its laws for the issuing of certificates or shares of stock and for the manner in which the same shall be held and represented.
Mich. Comp. Laws § 457.225
Certificates or shares of stock; issuance
1895, Act 1, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.