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Chapter 3 Capital Structure and Corporate Finance (450.1301...450.1392)
Law
Michigan Compiled Laws
Corporations
284 of 1972 - Business Corporation Act (450.1101 - 450.2099)
Chapter 3 Capital Structure and Corporate Finance (450.1301...450.1392)
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Section
450.1301
Issuance and Classes of Shares; Rights, Preferences, and Limitations.
Section
450.1301a
Amendment Deleting Reference to Par Value.
Section
450.1302
Class of Shares; Division and Issuance in Series; Rights and Preferences; Certificate; Resolution Eliminating Class or Series of Shares; Subsequent Resolution.
Section
450.1303
Convertible Shares and Bonds; Increase in Shares to Satisfy Conversion Privileges.
Section
450.1304
Convertible Shares and Bonds; Conditions to Issuance; Disposition of Convertible Bonds or Shares.
Section
450.1304a
Redeemable Shares.
Section
450.1305
Subscription for Shares.
Section
450.1306
Subscription for Shares; Payment; Call; Security Interest.
Section
450.1307
Subscription Agreement; Default in Payment; Rights and Duties of Corporation.
Section
450.1308
Cancellation of Shares Upon Rescission of Subscription.
Section
450.1311
450.1313 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1314
Reservation of Powers to Shareholders; Consideration for Authorized Issuance of Shares; Determination of Adequacy; Shares Fully Paid and Nonassessable; Rights and Privileges of Subscriber.
Section
450.1315
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1317
Liability of Purchaser, Holder, Subscriber, Assignee, Transferee, Pledgee, or Shareholder.
Section
450.1321
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1327
Expenses of Organization and Reorganization; Expenses of Sale or Underwriting of Shares.
Section
450.1331
Share Certificates.
Section
450.1332
Share Certificates; Contents.
Section
450.1334
Share Certificates; Loss or Destruction; Bond.
Section
450.1335
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1336
Issuance or Transfer of Shares Without Certificates; Statement.
Section
450.1338
Fractions of Share or Scrip.
Section
450.1341
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1341a
Issuance of Shares Pro Rata and Without Consideration; Share Dividend.
Section
450.1342
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1342a
Rights, Options, or Warrants.
Section
450.1343
Preemptive Rights.
Section
450.1344
Acquisition of Own Shares by Corporation; Shares as Authorized but Unissued; Reducing Number of Authorized Shares if Reissuance Prohibited; Restriction on Acquisition.
Section
450.1345
Distributions to Shareholders; Record Date for Determining Entitlement; Prohibited Distribution; Determination; Measuring Effect of Distribution; Indebtedness to Shareholder; Obligation to Make Future Payments; Enforceability of Guaranty or Other Undertaking by Third Party; Asserting Right of Rescission or Other Legal or Equitable Rights.
Section
450.1351-450.1367
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1368
Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
Section
450.1371-450.1381
Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section
450.1391
Inspection and Voting Rights of Bondholders; Facsimile Signatures.
Section
450.1392
Chapter Inapplicable to Distributions in Dissolution.