Michigan Compiled Laws
218-1956-66 - Chapter 66 Railway Employees, and Life, Disability Insurers (Domestic, Stock) (500.6600...500.6616)
Section 500.6608 - Capital Stock Issuance Limitations; Par Value.

Sec. 6608.
The amount of capital stock of any company organized under the provisions of this chapter shall not be less than $200,000.00, in shares of the par value of $50.00 each.
History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218