Sec. 1061.
Every corporation organized or conducting affairs in this state shall, upon filing its articles, or, if a foreign corporation, upon filing its application for admission, pay to the administrator a fee of $10.00 for the privilege of exercising its franchises within this state, upon such organization or admission as the case may be.
History: 1982, Act 162, Eff. Jan. 1, 1983
Structure Michigan Compiled Laws
Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)
162-1982-10 - Chapter 10 (450.3001...450.3099)
Section 450.3013 - Acquisition of Federally Insured or Guaranteed Loan by Foreign Corporation.
Section 450.3032 - Issuance of Certificate of Withdrawal to Foreign Corporation; Conditions; Effect.
Section 450.3060 - Fees; Payment; Certification of File or Record; Waiver; Form of Payment.
Section 450.3061 - Fee for Privilege of Exercising Franchises in State.