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Dissolution of Corporation; Conditions - Mich. Comp. Laws Section 450.2831

Legal Research Home > Michigan Laws > Corporations > Dissolution of Corporation; Conditions - Mich. Comp. Laws Section 450.2831

450.2831 Dissolution of corporation; conditions.

Sec. 831.

A corporation is dissolved when any of the following occurs:

(a) The period of duration stated in the corporation's articles of incorporation expires.

(b) A certificate of dissolution is filed pursuant to sections 803 to 805.

(c) A judgment of forfeiture of corporate franchises or of dissolution is entered by a court of competent jurisdiction and a copy of a judicial order of dissolution shall be forwarded promptly to the administrator by the receiver or other person designated by the court.

(d) Failure to file an annual report or pay an annual filing fee, as provided in section 922.

History: 1982, Act 162, Eff. Jan. 1, 1983

Section: Previous 450.2805 450.2811 450.2815 450.2817 450.2821 450.2823 450.2825 450.2831 450.2833 450.2834 450.2841 450.2842 450.2843 450.2851 450.2855 Next

Last modified: March 17, 2013