Sec. 864.
(1) If after the filing of a certificate or other document the order of confirmation of the plan of reorganization is reversed or vacated or the plan is modified, other or further certificates or documents shall be filed as required to conform to the plan of reorganization as finally confirmed or to the judgment of the court.
(2) Except as otherwise provided in sections 861 to 864, a certificate or other document filed pursuant to this section or section 863 is not deemed to confer on a corporation any power, privilege or franchise, except those permitted to be conferred on a corporation formed or existing under this act.
(3) On the filing of a certificate or other document pursuant to this section or any other section of this act, the same fees shall be paid to the administrator as are payable by a corporation not in reorganization upon filing like certificates or documents.
History: 1972, Act 284, Eff. Jan. 1, 1973
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Section 450.1825 - Repealed. 1989, Act 121, Eff.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Section 450.1841 - Repealed. 1989, Act 121, Eff.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Section 450.1842 - Repealed. 1989, Act 121, Eff.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Section 450.1843 - Repealed. 1989, Act 121, Eff.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Section 450.1855 - Repealed. 1989, Act 121, Eff.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.