457.366 Shares of stock; by-laws. 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. History: 1905, Act 85, Imd. Eff. May 3, 1905 ;-- CL 1915, 10476 ;-- CL 1929, 10679 ;-- CL 1948, 457.366
Michigan Legal Code