Permissibility of E-Shares Under Michigan Law

Candice Moore, Bloomfield Hills-based attorney in Dykema’s Corporate Finance Practice Group, discusses the legitimacy of electronic stock certificates in her article, “Permissibility of E-Shares Under Michigan Law,” published by the Michigan Business Law Journal.

Moore discusses the advantages of electronic certificates over paper documents, the difference between certificated and uncertificated shares, and the laws and regulations governing the issuance, transfer, and perfection of securities.