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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.6608 Capital stock issuance limitations; par value.

51 words·~1 min read·/mi/chapter-500/500-6608

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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
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