{"data":{"id":"us-mi/mich.-comp.-laws-450.2310","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.2310","heading":"Rescission of subscription under which part of shares issued and in which security interest retained as cancellation of shares.","body":"Sec. 310.\n\nRescission by a corporation of a subscription under which a part of the shares subscribed for have been issued and in which the corporation retains a security interest, as provided in section 308(c), effects the cancellation of such shares.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-2310","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"5ff6bd1313e826098cbf88902da495ff38c121f3e6c2da04db8a406cbe386c41","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.2309","next":"us-mi/mich.-comp.-laws-450.2311"},"notice":"GroundRules: Original legal text. Not legal advice."}