Sec. 4531.
Whenever any such judgment is rendered, any court having equity jurisdiction has the same powers to restrain the corporation against which it is rendered; to appoint a receiver of its property and effects; and to take an account and make distribution thereof among its creditors, as in the case of the voluntary dissolution of a corporation, and the attorney general shall, immediately after the rendering of any such judgment, institute proceedings for that purpose.
History: 1961, Act 236, Eff. Jan. 1, 1963
Structure Michigan Compiled Laws
Chapter 600 - Revised Judicature Act of 1961
Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)
236-1961-45 - Chapter 45 Quo Warranto (600.4501...600.4545)
Section 600.4501 - Quo Warranto; Attorney General; Private Party.
Section 600.4505 - Usurpation of Office; Determination; Judgment for Relator; Proceedings.
Section 600.4511 - Usurpation of Office; Damages.
Section 600.4515 - Usurpation of Office; Ouster; Costs; Fine.
Section 600.4521 - Judgment Against Corporation; Dissolution; Fine.
Section 600.4525 - Judgment Against Corporation; Collection of Fine and Costs.
Section 600.4535 - Judgment; Filing of Record of Judgment; Notice; Publication.
Section 600.4541 - Forfeited Property; Recovery by Attorney General.