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§ 486.216 — Michigan Law | CourtGPT
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  3. Michigan/
  4. Chapter 486 - Water and Power Companiesact 232 of 1863 - Water Power Companies (486.1 - 486.22)/
  5. Statute Act 283 of 1905/
  6. § 486.216
Michigan Legal Code

§ 486.216

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486.216 Shares deemed personal property; transfer. 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. History: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8935 ;-- CL 1929, 11870 ;-- CL 1948, 486.216