Michigan § 450.1391 - Inspection and voting rights of bondholders; facsimile signatures.

Full text of Michigan Michigan Compiled Laws § 450.1391 — Inspection and voting rights of bondholders; facsimile signatures., with citation guidance and answers to common questions.

§ 450.1391. Inspection and voting rights of bondholders; facsimile signatures.

Sec. 391.(1)

A corporation, in its articles of incorporation, may confer upon the holders of bonds issued or to be issued by it, rights to inspect the corporate books and records and to vote in the election of directors and on any other matters on which shareholders of the corporation may vote to the extent, in the manner, and subject to the conditions prescribed in the articles. The articles may grant to the board the power to confer such voting or inspection rights under the terms of any bonds issued or to be issued by the corporation.

(2)

The signatures of the officers upon a bond may be facsimiles.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 450.1391

What does Michigan Compiled Laws § 450.1391 cover?

Section 450.1391 ("Inspection and voting rights of bondholders; facsimile signatures.") 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 § 450.1391?

A common citation format is "Michigan Compiled Laws § 450.1391" (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 § 450.1391 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.