Michigan Compiled Laws

Mich. Comp. Laws § 440.8308 (2026)

Repealed. 1998, Act 278, Imd. Eff. July 27, 1998.

✓ current as of July 2026

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UNIFORM COMMERCIAL CODE

Act 174 of 1962

440.8308 Repealed. 1998, Act 278, Imd. Eff. July 27, 1998.

Repealed. 1998, Act 278, Imd. Eff. July 27, 1998.

Compiler's Notes:

The repealed sections pertained to indorsement, transfer, sale, and delivery of securities.

Notes of Decisions

Cited in 2 cases, 1975–1992 · leading case: Rare Earth, Inc. v. Hoorelbeke, 401 F. Supp. 26 (S.D.N.Y. 1975).

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Rare Earth, Inc. v. Hoorelbeke, 401 F. Supp. 26 (S.D.N.Y. 1975). · cites it 3× “Under the Code, the indorsement of a certificate may either be special or in blank (Mich.Comp.Laws Ann. § 440.8308), 24 however, an “indorsement of a security whether special or in blank does not constitute a transfer until delivery of the security on which it appears or if the…”

Witherell Corp. v. Turnbull (In Re Witherell Corp.), 146 B.R. 715 (Bankr. E.D. Mich. 1992). · cites it 3× “Section 440.8308(4) defines instruction as “an order to the issuer of an uncertificated security requesting that the transfer, pledge, or release from pledge of the uncertificated security specified therein be registered.”

— Mich. Comp. Laws § 440.8308(4) — 1 case

Witherell Corp. v. Turnbull (In Re Witherell Corp.), 146 B.R. 715 (Bankr. E.D. Mich. 1992). “Section 440.8308(4) defines instruction as “an order to the issuer of an uncertificated security requesting that the transfer, pledge, or release from pledge of the uncertificated security specified therein be registered.”

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