yourstate.us
Home / Michigan / NONPROFIT CORPORATION ACT
Mich. Comp. Laws § 450.2471

Shares as personal property; transfer; applicability of MCL 440.8101 to 440.8601.

Michigan · Michigan Compiled Laws — NONPROFIT CORPORATION ACT (Act 162 of 1982) · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Mich. Comp. Laws § 450.2471, Shares as personal property; transfer; applicability of MCL 440.8101 to 440.8601, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363964
Permanent ID
ys:prov:1363964@1
SHA-256
f6f7a99c5f5c0ae71968c0b0608726f0eeb8c0bea60ec80e5641e3b5dd382151

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The shares of a corporation are personal property. Article 8 of the uniform commercial code, 1962 PA 174, MCL 440.8101 to 440.8601, applies to the transfer of shares only to the extent not inconsistent with this act.