Sec. 817.
(1) When the certificate of revocation of dissolution or of renewal of existence is filed, the revocation of the dissolution proceedings or the renewal of the corporate existence becomes effective, and the corporation may again transact its business.
(2) Revocation of dissolution or renewal of corporate existence does not relieve the corporation of any penalty or liability accrued against it under any law of this state, and the corporation shall file any report and pay any fee required under this act for any year for which a report was not filed or a fee was not paid.
(3) Upon filing a certificate of revocation of dissolution or renewal of existence, the administrator may require the corporation to adopt a corporate name that conforms to the requirements of section 212.
(4) Upon compliance with the provisions of this section, the rights of the corporation are the same as though a dissolution or expiration of term had not occurred, and all contracts entered into and other rights acquired during the interval are valid and enforceable.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 1997, Act 118, Imd. Eff. Oct. 24, 1997
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Section 450.1825 - Repealed. 1989, Act 121, Eff.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Section 450.1841 - Repealed. 1989, Act 121, Eff.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Section 450.1842 - Repealed. 1989, Act 121, Eff.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Section 450.1843 - Repealed. 1989, Act 121, Eff.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Section 450.1855 - Repealed. 1989, Act 121, Eff.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.