MCL - 284-1972-8

BUSINESS CORPORATION ACT (EXCERPT)
Act 284 of 1972
Chapter 8
DISSOLUTION
Document Type Description
Section 450.1801 Section Methods of dissolution.
Section 450.1803 Section Conditions to dissolution by incorporators or directors; certificate of dissolution.
Section 450.1804 Section Dissolution by action of board and shareholders; certificate of dissolution.
Section 450.1805 Section Dissolution; execution and filing certificate.
Section 450.1806 Section Certificate of dissolution; filing; time of effectiveness; conditions; date stamp as evidence.
Section 450.1811 Section Revocation of dissolution proceedings; certificate of revocations.
Section 450.1815 Section Renewal of corporate existence; manner.
Section 450.1817 Section Effective date of revocation of dissolution or renewal of corporate existence; accrued penalty or liability unaffected; adoption of corporate name; rights of corporation.
Section 450.1821 Section Action by attorney general for dissolution; grounds.
Section 450.1823 Section Action by director or shareholder for dissolution; judgment; proof.
Section 450.1825 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1831 Section Occurrences dissolving corporation.
Section 450.1833 Section Corporate existence continued for purpose of winding up affairs.
Section 450.1834 Section Functions of dissolved corporation and its officers, directors, and shareholders continued.
Section 450.1841 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1841a Section Notice to existing claimants of dissolution; contents; notice as recognition of validity of claim; conditions barring claim; “existing claim” defined; effective date of notice.
Section 450.1842 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1842a Section Publication of notice of dissolution; requirements; claimants commencing proceedings within 1 year of notice.
Section 450.1843 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1851 Section Judicial supervision of corporate affairs and liquidation of assets; permitting creditor to file claim or commence proceeding.
Section 450.1855 Section Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1855a Section Provision for debts, obligations, and liabilities; distribution of remaining assets.
Section 450.1861 Section Implementation of judicially confirmed plan of reorganization.
Section 450.1862 Section Powers of corporation under judicially confirmed plan of reorganization.
Section 450.1863 Section Certificate or document filed or recorded pursuant to plan of reorganization.
Section 450.1864 Section Additional certificate or document filed to conform to plan of reorganization as finally confirmed; effect of filing; fees.