Sec. 1002.
(1) A foreign corporation that receives a certificate of authority under this act, until a certificate of revocation or of withdrawal is issued under this act, has the same rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which the certificate of authority is issued. Except as otherwise provided in this act, the corporation is subject to the same duties, restrictions, penalties, and liabilities of a similar domestic corporation.
(2) This act does not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 2008, Act 402, Imd. Eff. Jan. 6, 2009
Structure Michigan Compiled Laws
Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)
284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)
Section 450.2001 - Foreign Corporation Transacting Business in State on Effective Date of Act.
Section 450.2002 - Foreign Corporation With Certificate of Authority.
Section 450.2003 - Foreign Corporation Without Certificate of Authority.
Section 450.2012 - Activities Not Constituting Transaction of Business; Applicability of Section.
Section 450.2014 - Applicability of MCL 450.2001 to 450.2055.
Section 450.2015 - Certificate of Authority to Transact Business; Application; Filing; Contents.
Section 450.2023 - Repealed. 1993, Act 91, Eff. Oct. 1, 1993.
Section 450.2031 - Application for Withdrawal From State.
Section 450.2032 - Issuance and Effect of Certificate of Withdrawal.
Section 450.2041 - Certificate of Authority; Grounds for Revocation.
Section 450.2042 - Certificate of Authority; Revocation; Notice; Certificate of Revocation; Effect.
Section 450.2055 - Penalty for Transacting Business Without Certificate of Authority.
Section 450.2060 - Filing Fees.
Section 450.2061 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.2063 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.
Section 450.2064 - “Regulated Investment Company” Defined.
Section 450.2099 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.