Section 500.6608 Capital Stock Issuance Limitations; Par Value.

MI Comp L § 500.6608 (2019) (N/A)
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Sec. 6608.

The amount of capital stock of any company organized under the provisions of this chapter shall not be less than $200,000.00, in shares of the par value of $50.00 each.

History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218