Michigan § 440.8301 - Delivery of certificated or uncertificated security to purchaser.
Full text of Michigan Michigan Compiled Laws § 440.8301 — Delivery of certificated or uncertificated security to purchaser., with citation guidance and answers to common questions.
§ 440.8301. Delivery of certificated or uncertificated security to purchaser.
Delivery of a certificated security to a purchaser occurs when 1 of the following occurs:
The purchaser acquires possession of the security certificate.
Another person, other than a securities intermediary, either acquires possession of the security certificate on behalf of the purchaser or, having previously acquired possession of the certificate, acknowledges that it holds for the purchaser.
A securities intermediary acting on behalf of the purchaser acquires possession of the security certificate, only if the certificate is in registered form and is (
Delivery of an uncertificated security to a purchaser occurs when either of the following occurs:
The issuer registers the purchaser as the registered owner, upon original issue or registration of transfer.
Another person, other than a securities intermediary, either becomes the registered owner of the uncertificated security on behalf of the purchaser or, having previously become the registered owner, acknowledges that it holds for the purchaser.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.8301
What does Michigan Compiled Laws § 440.8301 cover?
Section 440.8301 ("Delivery of certificated or uncertificated security to purchaser.") 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 § 440.8301?
A common citation format is "Michigan Compiled Laws § 440.8301" (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 § 440.8301 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.