Michigan § 450.1332 - Share certificates; contents.

Full text of Michigan Michigan Compiled Laws § 450.1332 — Share certificates; contents., with citation guidance and answers to common questions.

§ 450.1332. Share certificates; contents.

Sec. 332.(1)

A certificate representing shares shall state upon its face all of the following:

(a)

That the corporation is formed under the laws of this state.

(b)

The name of the person to whom issued.

(c)

The number and class of shares, and the designation of the series, if any, which the certificate represents.

(2)

A certificate representing shares issued by a corporation which is authorized to issue shares of more than 1 class shall set forth on its face or back or state on its face or back that the corporation will furnish to a shareholder upon request and without charge a full statement of the designation, relative rights, preferences, and limitations of the shares of each class authorized to be issued, and if the corporation is authorized to issue any class of shares in series, the designation, relative rights, preferences, and limitations of each series so far as the same have been prescribed and the authority of the board to designate and prescribe the relative rights, preferences, and limitations of other series.

Frequently Asked Questions About Michigan § 450.1332

What does Michigan Compiled Laws § 450.1332 cover?

Section 450.1332 ("Share certificates; contents.") 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 § 450.1332?

A common citation format is "Michigan Compiled Laws § 450.1332" (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 § 450.1332 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.