Michigan Laws 485.204 – Annual report; contents, filing, inspection by stockholders
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Every such corporation shall annually, in the month of January, make a report, signed by its president and secretary, containing:
First, The amount of capital stock actually paid in;
Terms Used In Michigan Laws 485.204
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
Second, The amount invested in real and personal estate;
Third, The amount of their debts and credits, as near as may be;
Fourth, The name of each stockholder and the number of shares held by him at the date of such report; and every such report shall be verified by the oath of the officers signing the same, and shall be filed with the secretary of the association, and also in the office of the county clerk of the county in which the office of said association shall be located, and open at all reasonable times for the examination of any and all stockholders.