Michigan Compiled Laws 236-1961-35 Chapter 35 The Voluntary Dissolution And Winding Up Of Corporations (600.3501...600.3525)

• Section 600.3501 Voluntary Dissolution Of Corporations; Actions Equitable In Nature; Stockholders And Creditors As Parties Defendant; Hearing.
  (1) Whenever the directors, trustees, or other officers who have the management of the affairs of any corporation, or the majority of them, discover...
• Section 600.3505 Voluntary Dissolution Of Corporations; Dissolution; Receiver; Temporary Receiver.
  If it appears to the court that the corporation is insolvent or that dissolution thereof would be beneficial to the stockholders and not injurious...
• Section 600.3510 Receiver; Bond; Powers; Duties; Administration Of Estate; Common Law Assignments.
  (1) Upon giving bond and qualifying, as the court may direct, such permanent receiver is vested with all the estate, real and personal, of...
• Section 600.3515 Sales, Transfers, And Levies Subsequent To Application For Dissolution; Validity.
  All sales, assignments, transfers, mortgages and conveyances of any part of the assets of such corporation made after the filing of such application for...
• Section 600.3520 Repealed. 2002, Act 433, Imd. Eff. June 10, 2002.
  Compiler's Notes: The repealed section pertained to corporations with expired charters.
• Section 600.3525 Chapter Inapplicable To Library; Lyceums; Religious Corporation; Academy; Select School; Burying Ground Corporations.
  The provisions of this chapter do not extend to any incorporated library or lyceum society; to any religious corporation; to any incorporated academy or...

Last modified: October 10, 2016