Michigan Compiled Laws
162-1982-8 - Chapter 8 (450.2801...450.2864)
Section 450.2863 - Document Filed or Recorded to Accomplish Corporate Purpose Pursuant to Plan of Reorganization; Making, Execution, and Acknowledgment; Contents; Filing.

Sec. 863.
A certificate or other document required or permitted by law to be filed or recorded to accomplish any corporate purpose, sought to be accomplished pursuant to the plan of reorganization, shall be made, executed, and acknowledged, as may be directed by such judgment by the persons designated in section 861. The certificate or document shall certify that provision for the making of the certificate or document is contained in the plan of reorganization or in a judgment of a court having jurisdiction of the proceeding under such applicable statute of this state or of the United States for the reorganization of the corporation, and that the plan has been confirmed, as provided by such applicable statute, with the title and venue of the proceeding and the date of the judgment confirming the plan. The certificate or other document shall be filed as provided in section 131, and upon such filing becomes effective in accordance with the terms thereof and the provisions of sections 861 to 864.
History: 1982, Act 162, Eff. Jan. 1, 1983

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.

Section 450.2815 - Renewal of Corporate Existence.

Section 450.2817 - Effect of Filing Certificate of Revocation of Dissolution or Renewal of Corporate Existence; Accrued Penalty or Liability; Adoption of Corporate Name; Rights.

Section 450.2821 - Action by Attorney General for Dissolution of Corporation; Grounds; Other Actions.

Section 450.2823 - Dissolution of Corporation by Judgment in Action Brought in Court; Proof; Action for Dissolution of Charitable Purpose Corporation.

Section 450.2825 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section 450.2831 - Dissolution of Corporation; Conditions.

Section 450.2833 - Dissolved Corporation; Continuation of Corporate Existence; Conduct of Affairs.

Section 450.2834 - Dissolved Corporation and Officers, Directors, Shareholders, and Members; Manner of Functioning.

Section 450.2841 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section 450.2841a - Written Notice to Claimants of Dissolved Corporation.

Section 450.2842 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section 450.2842a - Publication of Notice of Dissolved Corporation.

Section 450.2843 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

Section 450.2851 - Application for Judgment That Affairs of Corporation and Liquidation of Assets Continue Under Supervision of Court; Orders and Judgments; Permitting Creditor to File Claim or Commence Proceeding.

Section 450.2855 - Dissolution of Corporation; Applicable Provisions.

Section 450.2861 - Plan of Reorganization; Action by Directors, Shareholders, or Members Not Required to Put Plan Into Effect.

Section 450.2862 - Powers of Corporation Under Reorganization; Issuing Shares of Capital Stock and Bonds for Consideration Specified in Plan of Reorganization.

Section 450.2863 - Document Filed or Recorded to Accomplish Corporate Purpose Pursuant to Plan of Reorganization; Making, Execution, and Acknowledgment; Contents; Filing.

Section 450.2864 - Reversal or Vacation of Reorganization Plan; Filing of Other or Further Certificates or Documents; Effect; Fees.