Michigan § 441.102 - Fiduciary security transfers; registration.
Full text of Michigan Michigan Compiled Laws § 441.102 — Fiduciary security transfers; registration., with citation guidance and answers to common questions.
§ 441.102. Fiduciary security transfers; registration.
A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent or correct description of the fiduciary relationship; and thereafter the corporation and its transfer agent may assume without inquiry that the newly registered owner continues to be the fiduciary until the corporation or transfer agent receives written notice that the fiduciary is no longer acting as such with respect to the particular security.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 441.102
What does Michigan Compiled Laws § 441.102 cover?
Section 441.102 ("Fiduciary security transfers; registration.") 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 § 441.102?
A common citation format is "Michigan Compiled Laws § 441.102" (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 § 441.102 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.