Michigan Compiled Laws
162-1982-8 - Chapter 8 (450.2801...450.2864)
Section 450.2831 - Dissolution of Corporation; Conditions.

Sec. 831.
A corporation is dissolved when any of the following occurs:
(a) The period of duration stated in the corporation's articles of incorporation expires.
(b) A certificate of dissolution is filed pursuant to sections 803 to 805.
(c) A judgment of forfeiture of corporate franchises or of dissolution is entered by a court of competent jurisdiction and a copy of a judicial order of dissolution shall be forwarded promptly to the administrator by the receiver or other person designated by the court.
(d) Failure to file an annual report or pay an annual filing fee, as provided in section 922.
History: 1982, Act 162, Eff. Jan. 1, 1983

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 450 - Corporations

Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)

162-1982-8 - Chapter 8 (450.2801...450.2864)

Section 450.2801 - Dissolution of Corporation; Methods; Summary Dissolution of Corporation Whose Assets Disposed of Under Court Order in Receivership or Bankruptcy Proceedings; Filing Copy of Order With Administrator.

Section 450.2803 - Dissolution of Corporation by Action of Incorporators or Directors; Conditions; Certificate of Dissolution.

Section 450.2804 - Dissolution of Corporation by Action of Shareholders or Members; Recommendation; Exceptions; Approval or Authorization; Notice; Voting; Certificate.

Section 450.2805 - Dissolution Under Agreement Under MCL 450.2488; Effectiveness.

Section 450.2811 - Revocation of Dissolution Proceedings; Filing and Execution of Certificate; Additional Manner of Revocation.