Sec. 6. Every such corporation shall have full power and authority to provide by its by-laws for the issuing of its certificates and shares of stock and for the manner in which said shares of stock shall be held and represented.
Mich. Comp. Laws § 457.366
Shares of stock; by-laws
1905, Act 85, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.