Mich. Comp. Laws § 486.21

Current through Public Act 171 of the 2024 Legislative Session

Section 486.21 - Stockholder's liability

The stockholders of all corporations or associations formed under the provisions of this act, shall be individually liable for all labor performed for such corporation or association.

MCL 486.21

1863, Act 232, Eff. 6/22/1863 ;--CL 1871, 2765 ;--How. 3894 ;--CL 1897, 6787 ;--CL 1915, 8887 ;--CL 1929, 11822 ;--CL 1948, 486.21.