Michigan § 450.2391 - Conferring voting and inspection rights upon bond holders; signatures of officers.

Full text of Michigan Michigan Compiled Laws § 450.2391 — Conferring voting and inspection rights upon bond holders; signatures of officers., with citation guidance and answers to common questions.

§ 450.2391. Conferring voting and inspection rights upon bond holders; signatures of officers.

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 or members 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 § 450.2391

What does Michigan Compiled Laws § 450.2391 cover?

Section 450.2391 ("Conferring voting and inspection rights upon bond holders; signatures of officers.") 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 § 450.2391?

A common citation format is "Michigan Compiled Laws § 450.2391" (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 § 450.2391 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.