Michigan Compiled Laws 284-1972-1 Chapter 1 General Provisions (450.1101...450.1151)

• Section 450.1101 Short Title.
  This act shall be known and may be cited as the “business corporation act”. History: 1972, Act 284, Eff. Jan. 1, 1973
• Section 450.1103 Liberal Construction; Purposes And Policies Of Act.
  This act shall be liberally construed and applied to promote its underlying purposes and policies which include all of the following: (a) To simplify,...
• Section 450.1104 Definitions Controlling Interpretation Of Act.
  The definitions contained in sections 105 through 109 shall control the interpretation of this act, unless the context otherwise requires. History: 1972, Act 284,...
• Section 450.1105 Definitions; A, B.
  (1) "Administrator" means the chief officer of the department or of any other agency or department authorized by law to administer this act, or...
• Section 450.1106 Definitions; C To E.
  (1) "Corporation" or "domestic corporation" means a corporation formed under this act, or existing on January 1, 1973 and formed under any other statute...
• Section 450.1107 Definitions; F To I.
  (1) “Foreign corporation” means a corporation for profit formed under laws other than the laws of this state, which includes in its purposes a...
• Section 450.1108 Definitions; N To P.
  (1) "Nonprofit corporation" or "domestic nonprofit corporation" means a nonprofit, corporation subject to the nonprofit corporation act, 1982 PA 162, MCL 450.2101 to 450.3192....
• Section 450.1109 Definitions; S.
  (1) "Services in a learned profession" means services provided to the public by a dentist, an osteopathic physician, a physician, a surgeon, a doctor...
• Section 450.1110 Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
  Compiler's Notes: The repealed section contained definitions.
• Section 450.1121 Applicability Of Act To Domestic And Foreign Corporations.
  This act applies to every domestic corporation and to every foreign corporation which is authorized to or does transact business in this state except...
• Section 450.1122 References To Repealed Acts; Statutes Inapplicable To Corporations Defined In Mcl 450.1106; Uniform Fraudulent Transfer Act Inapplicable To Distributions.
  (1) A reference in any statute of this state to parts of any act that are repealed by this act is considered to be...
• Section 450.1123 Applicability Of Act Generally.
  (1) Unless otherwise provided in, or inconsistent with, the act under which a corporation is or has been formed, this act applies to deposit...
• Section 450.1125 Applicability To Foreign Commerce, Interstate Commerce, And Federal Corporations.
  This act applies to commerce with foreign nations and among the several states and to corporations formed by or under any act of congress,...
• Section 450.1127 Applicability To Existing Corporations; Saving Clause.
  (1) This act does not affect the duration of a corporation which exists on the effective date of this act. An existing corporation and...
• Section 450.1129 Amendment Or Repeal Of Act.
  This act may be supplemented, altered, amended or repealed by the legislature and every corporation, domestic or foreign, to which this act applies is...
• 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.
  (1) A document required or permitted to be filed under this act shall be submitted by delivering the document to the administrator together with...
• Section 450.1132 Filed Documents; Language, Form, Execution, And Contents.
  (1) A document filed with the administrator shall be in the English language, except that the corporate name need not be in the English...
• 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.
  If a document relating to a domestic or foreign corporation filed with the administrator under this act was at the time of filing an...
• Section 450.1141 Corporate Action Without Notice Or Lapse Of Prescribed Time Period.
  When, under this act or the articles of incorporation or bylaws of a corporation or by the terms of an agreement or instrument, a...
• Section 450.1142 Notice Or Communication Where Communication Unlawful Or Where Notice Or Communication Not Required; Statement.
  When a notice or communication is required to be given to a person by this act, by the articles of incorporation or bylaws, or...
• Section 450.1143 Mailing Notice Or Communication; Delivery; Electronic Transmission; "Address" Defined.
  (1) If a notice or communication is required or permitted by this act to be given by mail, it shall be mailed, except as...
• Section 450.1151 Notice Of Refusal To File Document; Refusing Or Revoking Authorization Of Foreign Corporation To Transact Business; Judicial Review.
  (1) If the administrator fails to promptly file a document, other than an annual report, submitted for filing under this act, the administrator shall...

Last modified: October 10, 2016