Michigan Court of Appeals September 9, 1981, Docket 47076 (Prince v. Heritage Oil Co.)

Also known as

United States · · · 09-09-1981

Mackenzie, J.

This case requires us to determine (1) whether the sale of undivided fractional interests in (three) oil and gas leases constituted the sale of "securities” within the meaning of the Uniform Securities Act, MCL 451.501

et seq.;

MSA 19.776(101)

et seq.

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