Michigan § 500.5913 - Allocation of subscription rights to employee benefit plan.
Full text of Michigan Michigan Compiled Laws § 500.5913 — Allocation of subscription rights to employee benefit plan., with citation guidance and answers to common questions.
§ 500.5913. Allocation of subscription rights to employee benefit plan.
The plan may allocate to a tax-qualified employee benefit plan subscription rights to purchase up to 10% of the capital stock of the converted stock company or the stock of another corporation that is participating in the conversion plan, as provided in section 5905(1)(c)(
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.5913
What does Michigan Compiled Laws § 500.5913 cover?
Section 500.5913 ("Allocation of subscription rights to employee benefit plan.") 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 § 500.5913?
A common citation format is "Michigan Compiled Laws § 500.5913" (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 § 500.5913 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.