Michigan Compiled Laws
284-1972-3 - Chapter 3 Capital Structure and Corporate Finance (450.1301...450.1392)
Section 450.1321 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Michigan Compiled Laws

Chapter 450 - Corporations

Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)

284-1972-3 - Chapter 3 Capital Structure and Corporate Finance (450.1301...450.1392)

Section 450.1301 - Issuance and Classes of Shares; Rights, Preferences, and Limitations.

Section 450.1301a - Amendment Deleting Reference to Par Value.

Section 450.1302 - Class of Shares; Division and Issuance in Series; Rights and Preferences; Certificate; Resolution Eliminating Class or Series of Shares; Subsequent Resolution.

Section 450.1303 - Convertible Shares and Bonds; Increase in Shares to Satisfy Conversion Privileges.

Section 450.1304 - Convertible Shares and Bonds; Conditions to Issuance; Disposition of Convertible Bonds or Shares.

Section 450.1304a - Redeemable Shares.

Section 450.1305 - Subscription for Shares.

Section 450.1306 - Subscription for Shares; Payment; Call; Security Interest.

Section 450.1307 - Subscription Agreement; Default in Payment; Rights and Duties of Corporation.

Section 450.1308 - Cancellation of Shares Upon Rescission of Subscription.

Section 450.1311, 450.1313 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1314 - Reservation of Powers to Shareholders; Consideration for Authorized Issuance of Shares; Determination of Adequacy; Shares Fully Paid and Nonassessable; Rights and Privileges of Subscriber.

Section 450.1315 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1317 - Liability of Purchaser, Holder, Subscriber, Assignee, Transferee, Pledgee, or Shareholder.

Section 450.1321 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1327 - Expenses of Organization and Reorganization; Expenses of Sale or Underwriting of Shares.

Section 450.1331 - Share Certificates.

Section 450.1332 - Share Certificates; Contents.

Section 450.1334 - Share Certificates; Loss or Destruction; Bond.

Section 450.1335 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1336 - Issuance or Transfer of Shares Without Certificates; Statement.

Section 450.1338 - Fractions of Share or Scrip.

Section 450.1341 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1341a - Issuance of Shares Pro Rata and Without Consideration; Share Dividend.

Section 450.1342 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1342a - Rights, Options, or Warrants.

Section 450.1343 - Preemptive Rights.

Section 450.1344 - Acquisition of Own Shares by Corporation; Shares as Authorized but Unissued; Reducing Number of Authorized Shares if Reissuance Prohibited; Restriction on Acquisition.

Section 450.1345 - Distributions to Shareholders; Record Date for Determining Entitlement; Prohibited Distribution; Determination; Measuring Effect of Distribution; Indebtedness to Shareholder; Obligation to Make Future Payments; Enforceability of Gu...

Section 450.1351-450.1367 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1368 - Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.

Section 450.1371-450.1381 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

Section 450.1391 - Inspection and Voting Rights of Bondholders; Facsimile Signatures.

Section 450.1392 - Chapter Inapplicable to Distributions in Dissolution.