Michigan § 450.1777 - Definitions; C, D.
Full text of Michigan Michigan Compiled Laws § 450.1777 — Definitions; C, D., with citation guidance and answers to common questions.
§ 450.1777. Definitions; C, D.
"Common stock" means any stock other than preferred or preference stock.
"Control", "controlling", "controlled by", or "under common control with" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, or otherwise. The beneficial ownership of 10% or more of the voting shares of a corporation shall create a presumption of control.
"Determination date" means the date on which an interested shareholder first became an interested shareholder.
Frequently Asked Questions About Michigan § 450.1777
What does Michigan Compiled Laws § 450.1777 cover?
Section 450.1777 ("Definitions; C, D.") 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 § 450.1777?
A common citation format is "Michigan Compiled Laws § 450.1777" (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 § 450.1777 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.