Mich. Comp. Laws § 600.2909

Current through Public Act 39 of the 2024 Legislative Session
Section 600.2909 - Stockholders; individual liability for corporate debts; enforcement; labor debts

Whenever any stockholders are individually liable for the debts of a corporation the remedy for the enforcement of their liability shall be as prescribed by the court rules and not otherwise. This section does not apply to actions for labor performed when the action is brought by the person who performed the labor or his assignees.

MCL 600.2909

1961, Act 236, Eff. 1/1/1963.