Michigan § 432.226 - Ownership and disclosure threshold.
Full text of Michigan Michigan Compiled Laws § 432.226 — Ownership and disclosure threshold., with citation guidance and answers to common questions.
§ 432.226. Ownership and disclosure threshold.
For purposes of sections 5, 6, and 7a, the ownership and disclosure threshold as to any company whose stock is widely held, publicly traded, and regulated by the securities and exchange commission shall be beneficial ownership of more than a 5% interest in the company, provided, however, the board shall have the authority, by rule or order, to establish a reporting threshold below 5% if the company knew or should have known the identity of the person holding the interest below 5%.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 432.226
What does Michigan Compiled Laws § 432.226 cover?
Section 432.226 ("Ownership and disclosure threshold.") 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 § 432.226?
A common citation format is "Michigan Compiled Laws § 432.226" (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 § 432.226 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.