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Mich. Comp. Laws § 486.66

Shares deemed personal property; transfer

1883, Act 39, Imd

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.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.