Michigan § 450.1336 - Issuance or transfer of shares without certificates; statement.
Full text of Michigan Michigan Compiled Laws § 450.1336 — Issuance or transfer of shares without certificates; statement., with citation guidance and answers to common questions.
§ 450.1336. Issuance or transfer of shares without certificates; statement.
Unless the articles of incorporation or bylaws provide otherwise, the board may authorize the issuance of some or all of the shares of any or all of its classes or series without certificates. The authorization does not affect shares already represented by certificates until the certificates are surrendered to a corporation.
Within a reasonable time after the issuance or transfer of shares without certificates, the corporation shall send the shareholder a written statement of the information required on certificates under section 332 and, if applicable, sections 472 and 488.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.1336
What does Michigan Compiled Laws § 450.1336 cover?
Section 450.1336 ("Issuance or transfer of shares without certificates; statement.") 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 § 450.1336?
A common citation format is "Michigan Compiled Laws § 450.1336" (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 § 450.1336 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.