486.21 Stockholder’s liability.
Sec. 21.
The stockholders of all corporations or associations formed under the provisions of this act, shall be individually liable for all labor performed for such corporation or association.
History: 1863, Act 232, Eff. June 22, 1863 ;– CL 1871, 2765 ;– How. 3894 ;– CL 1897, 6787 ;– CL 1915, 8887 ;– CL 1929, 11822 ;– CL 1948, 486.21