485.127 Shares deemed personalty; transfer.
Sec. 27.
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: 1869, Act 149, Imd. Eff. Apr. 5, 1869 ;– CL 1871, 2742 ;– How. 3871 ;– CL 1897, 6747 ;– CL 1915, 8848 ;– CL 1929, 11783 ;– CL 1948, 485.127