Michigan Laws 441.106 – Fiduciary security transfers; corporation or transfer agent, nonliability
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 441.106
- Person: includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, 2 or more persons having a joint or common interest, or any other legal or commercial entity. See Michigan Laws 441.101
- Transfer: means a change on the books of a corporation in the registered ownership of a security. See Michigan Laws 441.101
A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this act.