Michigan Laws 441.109 – Fiduciary security transfers; tax obligations
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 441.109
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Transfer: means a change on the books of a corporation in the registered ownership of a security. See Michigan Laws 441.101
This act does not affect any obligation of a corporation or transfer agent with respect to estate, inheritance, succession or other taxes imposed by the laws of this state.