Michigan Liability of Stockholders and Officers of Banking Organizations Amendment (1860)
| Michigan Liability of Stockholders and Officers of Banking Organizations Amendment | |
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| Election date |
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| Topic Banking policy |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Michigan Liability of Stockholders and Officers of Banking Organizations Amendment was on the ballot as a legislatively referred constitutional amendment in Michigan on November 6, 1860. It was approved.
A “yes” vote supported amending the state constitution relating to the liability of stockholders and officers of banking organizations. |
A “no” vote opposed amending the state constitution relating to the liability of stockholders and officers of banking organizations. |
Election results
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Michigan Liability of Stockholders and Officers of Banking Organizations Amendment |
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| Result | Votes | Percentage | ||
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59,954 | 79.48% | ||
| No | 15,477 | 20.52% | ||
Text of measure
Ballot title
The ballot title for Liability of Stockholders and Officers of Banking Organizations Amendment was as follows:
| “ | Amendment as to banking corporations: Yes Amendment as to banking corporations: No | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Michigan Constitution
A two-thirds vote is required during one legislative session for the Michigan State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 74 votes in the Michigan House of Representatives and 26 votes in the Michigan State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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