Sec. 806.
(1) A certificate of dissolution filed with the administrator is effective at the time the certificate is first received by the administrator, not the date of filing, if all of the following are met:
(a) The dissolution is pursuant to an agreement under section 488 or is commenced under section 804.
(b) The administrator receives the certificate of dissolution after June 21, 2003 and before June 30, 2003.
(c) The corporation published notice of dissolution of the corporation under section 842a after June 21, 2003 and before June 30, 2003.
(d) The certificate does not set forth a subsequent effective time, not later than 90 days after the date the certificate is received by the administrator.
(2) For purposes of subsection (1), the administrator's date stamp on the certificate of dissolution is evidence of the date the administrator received the certificate. If there are multiple date stamps on the certificate, the earliest date stamp is evidence of the date the administrator first received the certificate.
History: Add. 2008, Act 402, Imd. Eff. Jan. 6, 2009
Structure Michigan Compiled Laws
Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)
284-1972-8 - Chapter 8 Dissolution (450.1801...450.1864)
Section 450.1801 - Methods of Dissolution.
Section 450.1804 - Dissolution by Action of Board and Shareholders; Certificate of Dissolution.
Section 450.1805 - Dissolution; Execution and Filing Certificate.
Section 450.1811 - Revocation of Dissolution Proceedings; Certificate of Revocations.
Section 450.1815 - Renewal of Corporate Existence; Manner.
Section 450.1821 - Action by Attorney General for Dissolution; Grounds.
Section 450.1823 - Action by Director or Shareholder for Dissolution; Judgment; Proof.
Section 450.1825 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1831 - Occurrences Dissolving Corporation.
Section 450.1833 - Corporate Existence Continued for Purpose of Winding Up Affairs.
Section 450.1841 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1842 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1843 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1855 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.1861 - Implementation of Judicially Confirmed Plan of Reorganization.
Section 450.1862 - Powers of Corporation Under Judicially Confirmed Plan of Reorganization.
Section 450.1863 - Certificate or Document Filed or Recorded Pursuant to Plan of Reorganization.