Statutes > Michigan Statutes > Chapter 486 - WATER AND POWER COMPANIES > Act 283 of 1905 - WATER POWER COMPANIES (486.201 - 486.216) > Section 486.216 - Shares deemed personal property; transfer.

Section 486.216 - Shares deemed personal property; transfer.

WATER POWER COMPANIES (EXCERPT)
Act 283 of 1905

486.216 Shares deemed personal property; transfer.

Sec. 16.

The shares of any company formed under this act shall be deemed personal property, and may be transferred as shall be prescribed by the by-laws of such company.


History: 1905, Act 283, Eff. Sept. 16, 1905 ;-- CL 1915, 8935 ;-- CL 1929, 11870 ;-- CL 1948, 486.216