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Michigan Compiled Laws Complete Through PA 72 and includes 95 & 97 of 2014
House: Adjourned until Thursday, April 17, 2014 12:00:00 PM
Senate: Adjourned until Tuesday, April 22, 2014 10:00:00 AM

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Act 284 of 1972 - BUSINESS CORPORATION ACT (450.1101 - 450.2099)
284‑1972‑1 ‑ CHAPTER 1 GENERAL PROVISIONS (450.1101...450.1151)
     Section 450.1101 ‑ Short title.
     Section 450.1103 ‑ Liberal construction; purposes and policies of act.
     Section 450.1104 ‑ Definitions controlling interpretation of act.
     Section 450.1105 ‑ Definitions; A, B.
     Section 450.1106 ‑ Definitions; C to E.
     Section 450.1107 ‑ Definitions; F to I.
     Section 450.1108 ‑ Definitions; N to P.
     Section 450.1109 ‑ Definitions; S.
     Section 450.1110 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1121 ‑ Applicability of act to domestic and foreign corporations.
     Section 450.1122 ‑ References to repealed acts; statutes inapplicable to corporations defined in MCL 450.1106; uniform fraudulent transfer act inapplicable to distributions.
     Section 450.1123 ‑ Applicability of act generally.
     Section 450.1125 ‑ Applicability to foreign commerce, interstate commerce, and federal corporations.
     Section 450.1127 ‑ Applicability to existing corporations; saving clause.
     Section 450.1129 ‑ Amendment or repeal of act.
     Section 450.1131 ‑ Submission of document; delivery; filing; return of copy; public inspection; maintaining records or files; copies of documents and destroying originals; facsimile or electronic transmission as original; effective date of document; fees.
     Section 450.1132 ‑ Filed documents; language, form, execution, and contents.
     Section 450.1133 ‑ Correction of document relating to domestic or foreign corporation; signing and filing of certificate of correction; contents of certificate; effective date of corrected document.
     Section 450.1141 ‑ Corporate action without notice or lapse of prescribed time period.
     Section 450.1142 ‑ Notice or communication where communication unlawful or where notice or communication not required; statement.
     Section 450.1143 ‑ Mailing notice or communication; delivery; electronic transmission; "address" defined.
     Section 450.1151 ‑ Notice of refusal to file document; refusing or revoking authorization of foreign corporation to transact business; judicial review.
284‑1972‑2 ‑ CHAPTER 2 FORMATION; PURPOSES AND POWERS (450.1201...450.1275)
     Section 450.1201 ‑ Incorporators.
     Section 450.1202 ‑ Articles of incorporation; contents.
     Section 450.1204 ‑ Articles of incorporation; provision as to compromise, arrangement, or plan of reorganization.
     Section 450.1205 ‑ Articles of incorporation; effect of provision as to compromise, arrangement, or plan of reorganization.
     Section 450.1209 ‑ Articles of incorporation; permissible provisions.
     Section 450.1211 ‑ Corporate name; required words and abbreviations.
     Section 450.1212 ‑ Corporate name; conformity; noncompliance of corporate name of foreign corporation as bar to certificate of authority; rights to use of corporate name not created.
     Section 450.1213 ‑ Assumption of name implying banking, insurance, surety, or trust company; prohibited letters or words; corporation licensed as nursing home; use of terms.
     Section 450.1215 ‑ Corporate name; reservation of right to use; transfer of right.
     Section 450.1217 ‑ Transacting business under assumed name; certificate.
     Section 450.1221 ‑ Beginning of corporate existence; filing of articles as evidence.
     Section 450.1223 ‑ Selection of board; adoption of bylaws; first meeting; quorum; election of officers; transaction of business.
     Section 450.1231 ‑ Adoption, amendment, or repeal of bylaws; contents of bylaws.
     Section 450.1241 ‑ Registered office and resident agent required; address.
     Section 450.1242 ‑ Changing registered office or resident agent; statement; changing address of registered office.
     Section 450.1243 ‑ Resignation of resident agent.
     Section 450.1246 ‑ Service of process.
     Section 450.1251 ‑ Formation of corporation for lawful purpose; exception; aiding national emergency.
     Section 450.1261 ‑ Corporate powers.
     Section 450.1271 ‑ Asserting lack of corporate capacity or power.
     Section 450.1275 ‑ Agreement to pay interest in excess of legal rate; defense of usury prohibited.
284‑1972‑2A ‑ CHAPTER 2A PROFESSIONAL CORPORATIONS (450.1281...450.1289)
     Section 450.1281 ‑ Incorporation as professional corporation.
     Section 450.1282 ‑ Definitions.
     Section 450.1283 ‑ Professional corporation; formation; name.
     Section 450.1284 ‑ Professional corporation subject to MCL 333.16101 to 333.18838.
     Section 450.1285 ‑ Professional services; licensure of officers, employee, and agents; other laws; liability.
     Section 450.1286 ‑ Officer, shareholder, agent, or employee; legal disqualification; restriction or limitation of authority to provide services; failure to comply with section.
     Section 450.1287 ‑ Professional services; limitation.
     Section 450.1288 ‑ Issuance of capital stock; sale or transfer of shares; voting trust or other agreement; redemption or purchase of shares.
     Section 450.1289 ‑ Professional entity as surviving entity of merger or conversion.
284‑1972‑3 ‑ CHAPTER 3 CAPITAL STRUCTURE AND CORPORATE FINANCE (450.1301...450.1392)
     Section 450.1301 ‑ Issuance and classes of shares; rights, preferences, and limitations.
     Section 450.1301a ‑ Amendment deleting reference to par value.
     Section 450.1302 ‑ Class of shares; division and issuance in series; rights and preferences; certificate; amendment eliminating series of shares.
     Section 450.1303 ‑ Convertible shares and bonds; increase in shares to satisfy conversion privileges.
     Section 450.1304 ‑ Convertible shares and bonds; conditions to issuance; disposition of convertible bonds or shares.
     Section 450.1304a ‑ Redeemable shares.
     Section 450.1305 ‑ Subscription for shares.
     Section 450.1306 ‑ Subscription for shares; payment; call; security interest.
     Section 450.1307 ‑ Subscription agreement; default in payment; rights and duties of corporation.
     Section 450.1308 ‑ Cancellation of shares upon rescission of subscription.
     Section 450.1311, 450.1313 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1314 ‑ Reservation of powers to shareholders; consideration for authorized issuance of shares; determination of adequacy; shares fully paid and nonassessable; rights and privileges of subscriber.
     Section 450.1315 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1317 ‑ Liability of purchaser, holder, subscriber, assignee, transferee, pledgee, or shareholder.
     Section 450.1321 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1327 ‑ Expenses of organization and reorganization; expenses of sale or underwriting of shares.
     Section 450.1331 ‑ Share certificates.
     Section 450.1332 ‑ Share certificates; contents.
     Section 450.1334 ‑ Share certificates; loss or destruction; bond.
     Section 450.1335 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1336 ‑ Issuance or transfer of shares without certificates; statement.
     Section 450.1338 ‑ Fractions of share or scrip.
     Section 450.1341 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1341a ‑ Issuance of shares pro rata and without consideration; share dividend.
     Section 450.1342 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1342a ‑ Rights, options, or warrants.
     Section 450.1343 ‑ Preemptive rights.
     Section 450.1344 ‑ Acquisition of own shares by corporation; shares as authorized but unissued; reducing number of authorized shares if reissuance prohibited; restriction on acquisition.
     Section 450.1345 ‑ Distributions to shareholders; record date for determining entitlement; prohibited distribution; determination; measuring effect of distribution; indebtedness to shareholder; obligation to make future payments; enforceability of guaranty or other undertaking by third party; asserting right of rescission or other legal or equitable rights.
     Section 450.1351‑450.1367 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1368 ‑ Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
     Section 450.1371‑450.1381 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1391 ‑ Inspection and voting rights of bondholders; facsimile signatures.
     Section 450.1392 ‑ Chapter inapplicable to distributions in dissolution.
284‑1972‑4 ‑ CHAPTER 4 SHAREHOLDERS (450.1401...450.1497)
     Section 450.1401 ‑ Meetings of shareholders; place.
     Section 450.1402 ‑ Annual meeting of shareholders.
     Section 450.1403 ‑ Special meeting of shareholders.
     Section 450.1404 ‑ Meetings of shareholders; notice; adjournment; result of shareholder's attendance at meeting.
     Section 450.1405 ‑ Participating in meeting of shareholders by conference telephone or remote communications.
     Section 450.1406 ‑ Meeting of shareholders; duties of chairperson.
     Section 450.1406a ‑ Electronic transmission as notice; consent.
     Section 450.1407 ‑ Corporate action without meeting of shareholders.
     Section 450.1411 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1412 ‑ Fixing record dates for certain purposes.
     Section 450.1413 ‑ List of shareholders entitled to vote.
     Section 450.1415 ‑ Shareholder meeting; quorum.
     Section 450.1421 ‑ Proxy; expiration; means; use of reproduction of writing or transmission; revocability; incompetence or death of shareholder.
     Section 450.1422 ‑ Irrevocable proxy.
     Section 450.1423 ‑ Revocable proxy.
     Section 450.1431 ‑ Inspectors at shareholders' meetings.
     Section 450.1432 ‑ Procedure recognizing beneficial owner of shares as shareholder.
     Section 450.1441 ‑ Voting by shareholders.
     Section 450.1442 ‑ Voting as a class or series.
     Section 450.1444 ‑ Voting shares standing in name of another corporation; voting pledged shares.
     Section 450.1445 ‑ Voting shares held by representatives or fiduciaries.
     Section 450.1446 ‑ Voting by joint tenants or tenants in common.
     Section 450.1447 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1447a ‑ Voting shares owned by second corporation.
     Section 450.1448 ‑ Voting of redeemable shares.
     Section 450.1451 ‑ Cumulative voting.
     Section 450.1455 ‑ Articles control where voting requirements exceed those of act.
     Section 450.1461 ‑ Voting agreements between shareholders.
     Section 450.1463 ‑ Repealed. 1997, Act 118, Imd. Eff. Oct. 24, 1997.
     Section 450.1466 ‑ Voting trust agreement; certificates.
     Section 450.1467 ‑ Responsibility of voting trustee; determination of right to vote and manner of voting.
     Section 450.1468 ‑ Extending duration of voting trust agreement.
     Section 450.1471 ‑ Shares as personal property; shares transferable.
     Section 450.1472 ‑ Restriction on transfer or registration of transfer of bond or share; imposition; enforcement.
     Section 450.1473 ‑ Permissible restrictions on transfer or registration of transfer of bonds or shares.
     Section 450.1481 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1485 ‑ Corporate books, records, and minutes.
     Section 450.1487 ‑ Request for balance sheet, statement of income, and statement of source and application of funds; inspection of records; court order; definition; holder of voting trust certificate deemed shareholder.
     Section 450.1488 ‑ Shareholder agreement.
     Section 450.1489 ‑ Action by shareholder.
     Section 450.1491 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1491a ‑ Definitions.
     Section 450.1492 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1492a ‑ Commencement of derivative proceeding by shareholder; criteria.
     Section 450.1493 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1493a ‑ Commencement of derivative proceeding by shareholder; criteria.
     Section 450.1494 ‑ Stay of derivative proceeding; condition.
     Section 450.1495 ‑ Dismissal of derivative proceeding; determination.
     Section 450.1496 ‑ Discontinuance or settlement of derivative proceeding; judicial approval; notice; expense.
     Section 450.1497 ‑ Termination of derivative proceeding; order of court.
284‑1972‑5 ‑ CHAPTER 5 DIRECTORS AND OFFICERS (450.1501...450.1571)
     Section 450.1501 ‑ Management of corporation; qualifications of director.
     Section 450.1505 ‑ Number, election, and term of directors; resignation; designation, compensation, and expenses of independent director; communication of independent director with shareholders.
     Section 450.1506 ‑ Division of directors into classes; terms of directors in first, second, or third class; election.
     Section 450.1511 ‑ Removal of directors by shareholders.
     Section 450.1514 ‑ Removal of director by court.
     Section 450.1515 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1515a ‑ Filling vacancy in board.
     Section 450.1521 ‑ Regular or special meetings of board.
     Section 450.1523 ‑ Quorum; majority vote as constituting action of board.
     Section 450.1525 ‑ Consent to action of board without meeting.
     Section 450.1527 ‑ Committees; designation by board; membership; absence or disqualification of member; terms.
     Section 450.1528 ‑ Committees; powers and authority; limitations; subcommittees.
     Section 450.1529 ‑ Submission of matter to shareholder vote.
     Section 450.1531 ‑ Officers of corporation; election or appointment; holding 2 or more offices; authority and duties.
     Section 450.1535 ‑ Removal or resignation of officers; contract rights.
     Section 450.1541 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1541a ‑ Director or officer; manner of discharging duties; reliance on information, opinions, reports, or statements; action against director or officer; limitations.
     Section 450.1545 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1545a ‑ Interest of director or officer in transaction; compensation of directors.
     Section 450.1546 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1548 ‑ Loan, guaranty, or assistance by corporation to director, officer, or employee.
     Section 450.1551 ‑ Liability of directors for corporate actions; liability of shareholders accepting or receiving share dividend or distribution.
     Section 450.1552 ‑ Rights of director against whom claim is successfully asserted under MCL 450.1551.
     Section 450.1553 ‑ Presumption of concurrence by director in corporation action; effect of dissent.
     Section 450.1554 ‑ Action against director or shareholder; limitation.
     Section 450.1561 ‑ Indemnification of certain persons generally.
     Section 450.1562 ‑ Additional provisions for indemnification of certain persons.
     Section 450.1563 ‑ Indemnification against actual and reasonable expenses.
     Section 450.1564 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1564a ‑ Indemnification under MCL 450.1561, MCL 450.1562, or MCL 450.1563; determination and evaluation; designation of committee or selection of independent legal counsel; partial indemnification; payment authorization; indemnification for expenses and liabilities.
     Section 450.1564b ‑ Payment or reimbursement of party in advance of final disposition of proceeding; undertaking as unlimited general obligation; evaluation of reasonableness; advancement of expenses.
     Section 450.1564c ‑ Application for indemnification to court; determination.
     Section 450.1565 ‑ Limitation on total amount of expenses advanced or indemnified; duration of indemnification; elimination or impairment.
     Section 450.1567 ‑ Liability insurance.
     Section 450.1569 ‑ “Corporation” defined for purposes of MCL 450.1561 to 450.1567; "business organization" defined.
     Section 450.1571 ‑ Definitions.
284‑1972‑6 ‑ CHAPTER 6 AMENDMENTS TO ARTICLES OF INCORPORATION (450.1601...450.1651)
     Section 450.1601 ‑ General power of amendment.
     Section 450.1602 ‑ Specific powers of amendment.
     Section 450.1611 ‑ Articles of incorporation; amendment procedure.
     Section 450.1615 ‑ Class vote on amendment.
     Section 450.1621 ‑ Dissent of shareholder to amendment; payment to dissenting shareholder.
     Section 450.1631 ‑ Certificate of amendment.
     Section 450.1641 ‑ Adoption of restated articles of incorporation; amendment.
     Section 450.1642 ‑ Designation and contents of restated articles; omission.
     Section 450.1643 ‑ Signing and filing restated articles; execution; original articles superseded; status of restated articles.
     Section 450.1651 ‑ Abandonment of amendment; certificate of abandonment.
284‑1972‑7 ‑ CHAPTER 7 CORPORATE COMBINATIONS AND DISPOSITIONS (450.1701...450.1774)
     Section 450.1701 ‑ Merger of domestic corporations; adoption and contents of plan of merger.
     Section 450.1702 ‑ Plan of share exchange; approval; contents; power of corporation not limited.
     Section 450.1703 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1703a ‑ Plan of merger or share exchange; approval.
     Section 450.1704 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1706 ‑ Merger with domestic or foreign corporation; execution of certificate by incorporators; compliance.
     Section 450.1707 ‑ Certificate of merger or share exchange.
     Section 450.1711 ‑ Merger of parent and subsidiary corporations; approval; mailing copy or summary of plan of merger to minority shareholders; waiver; compliance; effectuation of merger under other provisions.
     Section 450.1712 ‑ Merger of parent and subsidiary corporations; certificate of merger.
     Section 450.1713 ‑ Merger of parent and subsidiary corporations; approval of shareholders.
     Section 450.1721‑450.1723 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1724 ‑ Merger; applicable provisions; share exchange.
     Section 450.1731‑450.1734 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1735 ‑ Foreign corporations and domestic corporations; merger or share exchange; compliance; liability; power of foreign corporation not limited.
     Section 450.1736 ‑ Merger of domestic corporation with business organization.
     Section 450.1741 ‑ Abandonment of merger or share exchange.
     Section 450.1745 ‑ Conversion of domestic corporation into business organization; requirements; "business organization" and "entity" defined.
     Section 450.1746 ‑ Conversion of business organization into domestic corporation; requirements.
     Section 450.1751 ‑ Disposition of corporate property and assets; approval by shareholders.
     Section 450.1753 ‑ Disposition of corporate property and assets not in usual and regular course of business; recommendation and submission of transaction; notice; authorization; abandonment; disposition by second corporation; transaction as distribution.
     Section 450.1754 ‑ Rights of shareholders.
     Section 450.1761 ‑ Definitions.
     Section 450.1762 ‑ Right of shareholder to dissent and obtain payment for shares.
     Section 450.1763 ‑ Rights of partial dissenter; assertion of dissenters' rights by beneficial shareholder.
     Section 450.1764 ‑ Corporate action creating dissenters' rights; vote of shareholders; notice.
     Section 450.1765 ‑ Notice of intent to demand payment for shares.
     Section 450.1766 ‑ Dissenters' notice; delivery to shareholders; contents.
     Section 450.1767 ‑ Duties of shareholder sent dissenter's notice; retention of rights; failure to demand payment or deposit share certificates.
     Section 450.1768 ‑ Restriction on transfer of shares without certificates; retention of rights.
     Section 450.1768a ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1769 ‑ Payment by corporation to dissenter; accompanying documents.
     Section 450.1770 ‑ Return of deposited certificates and release of transfer restrictions; effect of corporation taking proposed action.
     Section 450.1771 ‑ Election to withhold payment from dissenter; offer to pay estimated fair value of shares, plus accrued interest; statements; explanation.
     Section 450.1772 ‑ Demand for payment of dissenter's estimate or rejection of corporation's offer and demand for payment of fair value and interest due; waiver.
     Section 450.1773 ‑ Petitioning court to determine fair value of shares and accrued interest; failure of corporation to commence proceeding; venue; parties; service; jurisdiction; appraisers; discovery rights; judgment.
     Section 450.1773a ‑ Referee; appointment; powers; compensation; duties; objections to report; application to court for action; adoption, modification, or recommitment of report; further evidence; judgment; review.
     Section 450.1774 ‑ Costs of appraisal proceeding.
284‑1972‑7A ‑ CHAPTER 7A (450.1775...450.1784)
     Section 450.1775 ‑ Meanings of words and phrases; inconsistent provisions.
     Section 450.1776 ‑ Definitions; A, B.
     Section 450.1777 ‑ Definitions; C, D.
     Section 450.1778 ‑ Definitions; E to S.
     Section 450.1779 ‑ Definitions; V.
     Section 450.1780 ‑ Advisory statement and approval.
     Section 450.1781 ‑ Conditions for inapplicability of vote to business combination; inapplicability of certain provisions.
     Section 450.1782 ‑ Applicability of MCL 450.1780; resolution.
     Section 450.1783 ‑ Applicability of MCL 450.1780; interested shareholder; resolution; election.
     Section 450.1784 ‑ Certain business corporations excepted from requirements of MCL 450.1780; shareholders considered as single beneficial owner.
284‑1972‑7B ‑ CHAPTER 7B CONTROL SHARE ACQUISITIONS (450.1790...450.1799)
     Section 450.1790‑450.1799 ‑ Repealed. 2008, Act 402, Imd. Eff. Jan. 6, 2009.
284‑1972‑8 ‑ CHAPTER 8 DISSOLUTION (450.1801...450.1864)
     Section 450.1801 ‑ Methods of dissolution.
     Section 450.1803 ‑ Conditions to dissolution by incorporators or directors; certificate of dissolution.
     Section 450.1804 ‑ Dissolution by action of board and shareholders; certificate of dissolution.
     Section 450.1805 ‑ Dissolution; execution and filing certificate.
     Section 450.1806 ‑ Certificate of dissolution; filing; time of effectiveness; conditions; date stamp as evidence.
     Section 450.1811 ‑ Revocation of dissolution proceedings; certificate of revocations.
     Section 450.1815 ‑ Renewal of corporate existence; manner.
     Section 450.1817 ‑ Effective date of revocation of dissolution or renewal of corporate existence; accrued penalty or liability unaffected; adoption of corporate name; rights of corporation.
     Section 450.1821 ‑ Action by attorney general for dissolution; grounds.
     Section 450.1823 ‑ Action by director or shareholder for dissolution; judgment; proof.
     Section 450.1825 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1831 ‑ Occurrences dissolving corporation.
     Section 450.1833 ‑ Corporate existence continued for purpose of winding up affairs.
     Section 450.1834 ‑ Functions of dissolved corporation and its officers, directors, and shareholders continued.
     Section 450.1841 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1841a ‑ Notice to existing claimants of dissolution; contents; notice as recognition of validity of claim; conditions barring claim; “existing claim” defined; effective date of notice.
     Section 450.1842 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1842a ‑ Publication of notice of dissolution; requirements; claimants commencing proceedings within 1 year of notice.
     Section 450.1843 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1851 ‑ Judicial supervision of corporate affairs and liquidation of assets; permitting creditor to file claim or commence proceeding.
     Section 450.1855 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.1855a ‑ Provision for debts, obligations, and liabilities; distribution of remaining assets.
     Section 450.1861 ‑ Implementation of judicially confirmed plan of reorganization.
     Section 450.1862 ‑ Powers of corporation under judicially confirmed plan of reorganization.
     Section 450.1863 ‑ Certificate or document filed or recorded pursuant to plan of reorganization.
     Section 450.1864 ‑ Additional certificate or document filed to conform to plan of reorganization as finally confirmed; effect of filing; fees.
284‑1972‑9 ‑ CHAPTER 9 REPORTS (450.1901...450.1935)
     Section 450.1901 ‑ Financial report.
     Section 450.1911 ‑ Annual report; filing date; contents; exception; information unchanged.
     Section 450.1913 ‑ Destruction or disposition of corporate documents by county clerk.
     Section 450.1915 ‑ Repealed. 2003, Act 106, Imd. Eff. July 24, 2003.
     Section 450.1921 ‑ Neglecting or refusing to file report or pay fee; penalty; exception; waiver.
     Section 450.1922 ‑ Dissolution of corporation or revocation of certificate of authority for neglecting or refusing to file reports or pay fee or penalty; notice of dissolution; right to certificate of good standing.
     Section 450.1923 ‑ Extension of time for filing report; report to attorney general; action for imposition of penalties; notice of failure to file report.
     Section 450.1924 ‑ Annual reports due or deficient; penalties and interest.
     Section 450.1925 ‑ Renewal of corporate existence or certificate of authority by filing reports and paying fees and penalties; adoption of corporate name; effect of compliance.
     Section 450.1931 ‑ Wilful false statement in report; penalty.
     Section 450.1932 ‑ False or fraudulent report, certificate, or statement; falsification or alteration of books, records, or accounts; penalties.
     Section 450.1935 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
284‑1972‑10 ‑ CHAPTER 10 FOREIGN CORPORATIONS (450.2001...450.2099)
     Section 450.2001 ‑ Foreign corporation transacting business in state on effective date of act.
     Section 450.2002 ‑ Foreign corporation with certificate of authority.
     Section 450.2003 ‑ Foreign corporation without certificate of authority.
     Section 450.2011 ‑ Certificate of authority as prerequisite to transacting business; scope of authority.
     Section 450.2012 ‑ Activities not constituting transaction of business; applicability of section.
     Section 450.2013 ‑ Loans.
     Section 450.2014 ‑ Applicability of MCL 450.2001 to 450.2055.
     Section 450.2015 ‑ Certificate of authority to transact business; application; filing; contents.
     Section 450.2016 ‑ Foreign corporation; application; attaching certificate of good standing; fees; issuance of certificate of authority; duration of authority.
     Section 450.2021 ‑ Foreign corporation; amended application; conditions; contents; corporation as survivor of merger or conversion; increase in authorized shares.
     Section 450.2023 ‑ Repealed. 1993, Act 91, Eff. Oct. 1, 1993.
     Section 450.2031 ‑ Application for withdrawal from state.
     Section 450.2032 ‑ Issuance and effect of certificate of withdrawal.
     Section 450.2035 ‑ Information required to be filed on dissolution, termination, merger, conversion, or consolidation; assessment of unpaid fees; certificate of withdrawal; "business organization" defined.
     Section 450.2041 ‑ Certificate of authority; grounds for revocation.
     Section 450.2042 ‑ Certificate of authority; revocation; notice; certificate of revocation; effect.
     Section 450.2051 ‑ Action or proceeding by or against foreign corporation without certificate of authority; order of dismissal; recommencement of action; validity of corporate contracts or acts.
     Section 450.2055 ‑ Penalty for transacting business without certificate of authority.
     Section 450.2056 ‑ Registration of corporate name by foreign corporation not authorized to transact business in state; filing; duration; notice; renewal.
     Section 450.2060 ‑ Fees.
     Section 450.2061 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.2062 ‑ Organization and admission fee; initial admission fee of foreign corporation for profit and foreign regulated investment company; fees for increase in authorized shares; additional admission fee; determining amount of authorized shares attributable to this state; information relating to determination of fees; "corporation" defined; determination of fee if capital of corporation not divided into shares; domestic corporation resulting from merger or consolidation; admission fees.
     Section 450.2063 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
     Section 450.2064 ‑ “Regulated investment company” defined.
     Section 450.2098 ‑ Repeals.
     Section 450.2099 ‑ Repealed. 1989, Act 121, Eff. Oct. 1, 1989.