Michigan § 450.1448 - Voting of redeemable shares.

Full text of Michigan Michigan Compiled Laws § 450.1448 — Voting of redeemable shares., with citation guidance and answers to common questions.

§ 450.1448. Voting of redeemable shares.

Sec. 448.

After written notice of redemption of redeemable shares has been mailed to the holders thereof and a sum sufficient to redeem the shares has been deposited with a bank or trust company with irrevocable instruction and authority to pay the redemption price to the holders thereof upon surrender of certificates therefor, the shares shall not be voted on any matter nor deemed to be outstanding shares.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 450.1448

What does Michigan Compiled Laws § 450.1448 cover?

Section 450.1448 ("Voting of redeemable shares.") 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 § 450.1448?

A common citation format is "Michigan Compiled Laws § 450.1448" (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 § 450.1448 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.