Michigan § 500.5288 - Registered equity securities; exemptions; conditions.
Full text of Michigan Michigan Compiled Laws § 500.5288 — Registered equity securities; exemptions; conditions., with citation guidance and answers to common questions.
§ 500.5288. Registered equity securities; exemptions; conditions.
The provisions of sections 5282, 5283 and 5284 shall not apply to equity securities of a domestic stock insurance company if the securities shall be registered, or shall be required to be registered, pursuant to section 12 of the securities exchange act of 1934, as amended, or if the domestic stock insurance company shall not have any class of its equity securities held of record by 100 or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of sections 5282, 5283 and 5284 except for the provisions of this section.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.5288
What does Michigan Compiled Laws § 500.5288 cover?
Section 500.5288 ("Registered equity securities; exemptions; conditions.") 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 § 500.5288?
A common citation format is "Michigan Compiled Laws § 500.5288" (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 § 500.5288 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.