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Michigan Compiled Laws Complete Through PA 29 of 2013
House: Adjourned until Tuesday, May 21, 2013 1:30:00 PM
Senate: Adjourned until Tuesday, May 21, 2013 10:00:00 AM

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162-1982-8 - CHAPTER 8 (450.2801...450.2864)
Section 450.2801 ‑ Dissolution of corporation; methods; summary dissolution of corporation whose assets disposed of under court order in receivership or bankruptcy proceedings; filing copy of order with administrator.
Section 450.2803 ‑ Dissolution of corporation by action of incorporators or directors; conditions; certificate of dissolution.
Section 450.2804 ‑ Dissolution of corporation by action of shareholders, members, or board; resolution; approval or authorization; notice; voting; certificate.
Section 450.2805 ‑ Provision in articles permitting shareholders, members, or directors to require dissolution authorized; plan of distribution of assets; execution and filing of certificate of dissolution; noting existence of provision on face of share certificates or membership certificates.
Section 450.2811 ‑ Revocation of dissolution proceedings; resolution of board; approval; notice of meeting; voting; certificate of revocation.
Section 450.2815 ‑ Renewal of corporate existence.
Section 450.2817 ‑ Effect of filing certificate of revocation of dissolution or renewal of corporate existence; accrued penalty or liability; adoption of different name.
Section 450.2821 ‑ Action by attorney general for dissolution of corporation; grounds.
Section 450.2823 ‑ Dissolution of corporation by judgment in action brought by director, shareholder, or member; proof.
Section 450.2825 ‑ Adjudging dissolution and liquidation of assets and affairs of corporation by circuit court in action filed by shareholder, member, or director; grounds; making order or granting relief other than dissolution.
Section 450.2831 ‑ Dissolution of corporation; conditions.
Section 450.2833 ‑ Dissolved corporation; continuation of corporate existence; conduct of affairs.
Section 450.2834 ‑ Dissolved corporation and officers, directors, shareholders, and members; manner of functioning.
Section 450.2841 ‑ Notice to creditors; “creditor” defined.
Section 450.2842 ‑ Mailing notice to creditor of corporation; failure to file claim as bar to enforcement; applicability.
Section 450.2843 ‑ Rejection of claim filed by creditor; notice; failure to commence action as bar to enforcement of claim.
Section 450.2851 ‑ Application for judgment that affairs of corporation and liquidation of assets continue under supervision of court; orders and judgments; permitting creditor to file claim or commence action.
Section 450.2855 ‑ Application and distribution of assets upon dissolution.
Section 450.2861 ‑ Plan of reorganization; action by directors, shareholders, or members not required to put plan into effect.
Section 450.2862 ‑ Powers of corporation under reorganization; issuing shares of capital stock and bonds for consideration specified in plan of reorganization.
Section 450.2863 ‑ Document filed or recorded to accomplish corporate purpose pursuant to plan of reorganization; making, execution, and acknowledgment; contents; filing.
Section 450.2864 ‑ Reversal or vacation of reorganization plan; filing of other or further certificates or documents; effect; fees.