Michigan § 485.205 - Stock divided into shares; increase.
Full text of Michigan Michigan Compiled Laws § 485.205 — Stock divided into shares; increase., with citation guidance and answers to common questions.
§ 485.205. Stock divided into shares; increase.
The amount of the capital stock of every such corporation shall be fixed and limited by the stockholders in their articles of association, and shall be divided into shares of 100 dollars each, 10 per cent of which shall be paid in. The capital stock and the number of shares may be increased at any meeting of the stockholders called for that purpose.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 485.205
What does Michigan Compiled Laws § 485.205 cover?
Section 485.205 ("Stock divided into shares; increase.") 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 § 485.205?
A common citation format is "Michigan Compiled Laws § 485.205" (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 § 485.205 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.