Michigan § 450.1768 - Restriction on transfer of shares without certificates; retention of rights.
Full text of Michigan Michigan Compiled Laws § 450.1768 — Restriction on transfer of shares without certificates; retention of rights., with citation guidance and answers to common questions.
§ 450.1768. Restriction on transfer of shares without certificates; retention of rights.
The corporation may restrict the transfer of shares without certificates from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions released under section 770.
The person for whom dissenters' rights are asserted as to shares without certificates retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.1768
What does Michigan Compiled Laws § 450.1768 cover?
Section 450.1768 ("Restriction on transfer of shares without certificates; retention of rights.") 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 § 450.1768?
A common citation format is "Michigan Compiled Laws § 450.1768" (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 § 450.1768 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.