State Codes and Statutes

Statutes > Michigan > Chapter-491 > Act-307-of-1980 > 307-1980-1 > Section-491-152

SAVINGS AND LOAN ACT OF 1980 (EXCERPT)
Act 307 of 1980

491.152 “Stated capital of a stock association” defined.

Sec. 152.

“Stated capital of a stock association” means the sum of the par value of all shares of capital stock outstanding.

History: 1980, Act 307, Eff. Jan. 1, 1981

Sec. 152.

“Stated capital of a stock association” means the sum of the par value of all shares of capital stock outstanding.

History: 1980, Act 307, Eff. Jan. 1, 1981

Sec. 152.

“Stated capital of a stock association” means the sum of the par value of all shares of capital stock outstanding.

History: 1980, Act 307, Eff. Jan. 1, 1981

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