Sec. 1032.
Upon filing the application for withdrawal, and payment of the filing fee prescribed by law, the administrator shall issue to the foreign corporation a certificate of withdrawal, and the following shall occur:
(a) The authority of the foreign corporation to transact business in this state shall cease.
(b) The authority of its resident agent in this state to accept service of process against the foreign corporation is revoked.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
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Section 450.2023 - Repealed. 1993, Act 91, Eff.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Section 450.2061 - Repealed. 1989, Act 121, Eff.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Section 450.2063 - Repealed. 1989, Act 121, Eff.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Section 450.2099 - Repealed. 1989, Act 121, Eff.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.