State Codes and Statutes
Statutes > Michigan > Chapter-486 > Act-202-of-1887 > Section-486-116WATER POWER COMPANIES (EXCERPT)
Act 202 of 1887
486.116 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: 1887, Act 202, Imd. Eff. June 18, 1887 ;-- How. 3895z-7 ;-- CL 1897, 6821 ;-- CL 1915, 8919 ;-- CL 1929, 11854 ;-- CL 1948, 486.116
