Sec. 765.
The courts of record of this state shall have jurisdiction
(1) over the shares in a corporation incorporated in the state (subject to the limitations in the uniform stock transfer act),
(2) over share certificates which are located within the territory of the state,
(3) over shares in a corporation represented by share certificates located within the state if the law of the state of incorporation embodies the share in the share certificates, whether or not the persons owning or claiming an interest in the shares or share certificates are subject to the jurisdiction of the courts of the state.
History: 1961, Act 236, Eff. Jan. 1, 1963
Structure Michigan Compiled Laws
Chapter 600 - Revised Judicature Act of 1961
Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)
236-1961-7 - Chapter 7 Bases of Jurisdiction (600.701...600.775)
Section 600.701 - General Personal Jurisdiction Over Individuals.
Section 600.705 - Limited Personal Jurisdiction Over Individuals.
Section 600.711 - General Personal Jurisdiction Over Corporations.
Section 600.715 - Corporations; Limited Personal Jurisdiction.
Section 600.721 - General Personal Jurisdiction Over Partnerships and Limited Partnerships.
Section 600.725 - Partnerships; Limited Personal Jurisdiction.
Section 600.741 - Limited Jurisdiction; Bond by Plaintiff.
Section 600.745 - “State” Defined; Agreement of Parties as Basis for Jurisdiction; Conditions.
Section 600.751 - Jurisdiction Over Land Irrespective of Ownership.
Section 600.755 - Jurisdiction Over Chattels Irrespective of Ownership.
Section 600.761 - Jurisdiction Over Documents Irrespective of Ownership.
Section 600.765 - Jurisdiction Over Corporate Shares Irrespective of Ownership.
Section 600.771 - Jurisdiction Over Obligations Irrespective of Creditor.