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Michigan Legislature
Michigan Compiled Laws Complete Through PA 131 of 2017
House: Adjourned until Tuesday, November 28, 2017 1:30:00 PM
Senate: Adjourned until Tuesday, November 28, 2017 10:00:00 AM

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284-1972-8
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BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
Chapter 8
DISSOLUTION

DocumentTypeDescription
Section 450.1801SectionMethods of dissolution.
Section 450.1803SectionConditions to dissolution by incorporators or directors; certificate of dissolution.
Section 450.1804SectionDissolution by action of board and shareholders; certificate of dissolution.
Section 450.1805SectionDissolution; execution and filing certificate.
Section 450.1806SectionCertificate of dissolution; filing; time of effectiveness; conditions; date stamp as evidence.
Section 450.1811SectionRevocation of dissolution proceedings; certificate of revocations.
Section 450.1815SectionRenewal of corporate existence; manner.
Section 450.1817SectionEffective date of revocation of dissolution or renewal of corporate existence; accrued penalty or liability unaffected; adoption of corporate name; rights of corporation.
Section 450.1821SectionAction by attorney general for dissolution; grounds.
Section 450.1823SectionAction by director or shareholder for dissolution; judgment; proof.
Section 450.1825SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1831SectionOccurrences dissolving corporation.
Section 450.1833SectionCorporate existence continued for purpose of winding up affairs.
Section 450.1834SectionFunctions of dissolved corporation and its officers, directors, and shareholders continued.
Section 450.1841SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1841aSectionNotice to existing claimants of dissolution; contents; notice as recognition of validity of claim; conditions barring claim; “existing claim” defined; effective date of notice.
Section 450.1842SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1842aSectionPublication of notice of dissolution; requirements; claimants commencing proceedings within 1 year of notice.
Section 450.1843SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1851SectionJudicial supervision of corporate affairs and liquidation of assets; permitting creditor to file claim or commence proceeding.
Section 450.1855SectionRepealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1855aSectionProvision for debts, obligations, and liabilities; distribution of remaining assets.
Section 450.1861SectionImplementation of judicially confirmed plan of reorganization.
Section 450.1862SectionPowers of corporation under judicially confirmed plan of reorganization.
Section 450.1863SectionCertificate or document filed or recorded pursuant to plan of reorganization.
Section 450.1864SectionAdditional certificate or document filed to conform to plan of reorganization as finally confirmed; effect of filing; fees.
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