MCL - Section 500.6608
Act 218 of 1956
500.6608 Capital stock issuance limitations; par value.
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