Michigan § 450.1334 - Share certificates; loss or destruction; bond.
Full text of Michigan Michigan Compiled Laws § 450.1334 — Share certificates; loss or destruction; bond., with citation guidance and answers to common questions.
§ 450.1334. Share certificates; loss or destruction; bond.
A corporation may issue a new certificate for shares or fractional shares in place of a certificate theretofore issued by it, alleged to have been lost or destroyed, and the board may require the owner of the lost or destroyed certificate, or his legal representative, to give the corporation a bond sufficient to indemnify the corporation against any claim that may be made against it on account of the alleged lost or destroyed certificate or the issuance of such a new certificate.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.1334
What does Michigan Compiled Laws § 450.1334 cover?
Section 450.1334 ("Share certificates; loss or destruction; bond.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 450.1334?
A common citation format is "Michigan Compiled Laws § 450.1334" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 450.1334 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.