There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Mich. Comp. Laws § 450.2471 Shares as personal property; transfer; applicability of §§ 440.8101 to 440.8601.
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Act 162 of 1982 450.2471 Shares as personal property; transfer; applicability of §§ 440.8101 to 440.8601. Sec. 471. The shares of a corporation are personal property. Article 8 of the uniform commercial code, 1962 PA 174, MCL 440.8101 to 440.8601, applies to the transfer of shares only to the extent not inconsistent with this act.
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