Michigan § 450.1471 - Shares as personal property; shares transferable.
Full text of Michigan Michigan Compiled Laws § 450.1471 — Shares as personal property; shares transferable., with citation guidance and answers to common questions.
§ 450.1471. Shares as personal property; shares transferable.
The shares of a corporation are personal property and are transferable in accordance with article 8 of the uniform commercial code, 1962 PA 174, MCL 440.8101 to 440.8601, except as otherwise provided in this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.1471
What does Michigan Compiled Laws § 450.1471 cover?
Section 450.1471 ("Shares as personal property; shares transferable.") 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 § 450.1471?
A common citation format is "Michigan Compiled Laws § 450.1471" (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 § 450.1471 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.