reglab/housing_qa huggingface dataset:
MI Comp L § 450.2732 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2732 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2732 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to effect of merger or consolidation authorized by MCL 450.2731.
MI Comp L § 450.2736 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2736 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2736 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to merger or consolidation of domestic corporations and domestic or foreign business corporations.
MI Comp L § 450.2737 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2737 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2737 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to effect of merger or consolidation where surviving or new corporation is domestic corporation, domestic business corporation, or foreign business corporation.
MI Comp L § 450.2741 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2741 - Abandonment of Merger; Procedure; Certificate of Abandonment.

450.2741 Abandonment of merger; procedure; certificate of abandonment.Sec. 741.  At any time before the effective date of the certificate of merger, subject to any contractual rights, a corporation may abandon a merger without further shareholder or member action, under a procedure set forth in the plan of merger or, if the plan of merger does not include an abandonment procedure, in the manner determined by the board. If a certificate of merger was filed by a corporation that abandons a merger, it shall file a certificate of abandonment within 10 days after the abandonment, but not later than the proposed effective date. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2751 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2751 - Actions by Corporation; Terms and Conditions; Consideration; "Consideration" Defined.

450.2751 Actions by corporation; terms and conditions; consideration; "consideration" defined.Sec. 751.  (1) A corporation may take any of the following actions on the terms and conditions and for a consideration authorized by its board of directors:  (a) Sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property and assets in the usual and regular course of its business.  (b) Sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property and assets following approval of a dissolution under section 804.  (c) Transfer any or all of its property and assets to another corporation of which it owns all of the shares, or to another entity that it controls or wholly owns, whether or not in the usual and regular course of business.  (d) Mortgage or pledge any or all of its property and assets, whether or not in the usual and regular course of business.   (2) Unless otherwise provided in the articles of incorporation, approval by the shareholders or members of a transaction described in subsection (1) is not required.  (3) As used in subsection (1), "consideration" may consist in whole or in part of cash or other property, including shares, bonds, or other securities of any other domestic corporation, domestic business corporation, foreign corporation, or foreign business corporation. History: Add. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2754 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 162 of 1982 - Nonprofit Corporation Act (450.2101 - 450.3192)|162-1982-7 - Chapter 7 (450.2701...450.2754)|Section 450.2754 - Merger or Acquisition Under MCL 2703a(2); Right of Shareholders or Members to Receive Notice and Vote.

450.2754 Merger or acquisition under MCL 2703a(2); right of shareholders or members to receive notice and vote.Sec. 754.  Shareholders or members of a corporation that proposes to issue, directly or through a subsidiary, its shares, memberships, obligations, or securities in the course of a merger, acquisition of some or all of the outstanding shares of another corporation or interests in or memberships of another entity, or acquisition of some or all of the assets other than cash of a corporation or other entity have the rights to receive notice and to vote on the proposed merger or acquisition provided under section 703a(2) if both of the following apply:  (a) The securities or other interests to be issued or delivered in the acquisition are or may be converted into shares or memberships of the acquiring corporation.  (b) The number of the acquiring corporation's voting shares or member votes to be issued or delivered, plus those initially issuable on the conversion or exchange of any other securities to be issued or delivered, will exceed 100% of the number of its voting shares or member votes outstanding immediately before the acquisition plus the number of its common shares or memberships, if any, initially issuable on the conversion or exchange of any other securities that are then outstanding. History: Add. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2801 (2021)
2021 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.

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.Sec. 801.  (1) A corporation may be dissolved in any of the following ways:  (a) Automatically by expiration of a period of duration to which the corporation is limited in its articles of incorporation.  (b) By action of the incorporators or directors under section 803.  (c) By action of the shareholders, members, or the board under section 804.  (d) Pursuant to an agreement under section 488. A dissolution under this subdivision becomes effective by filing a certificate under section 805.  (e) By a judgment of the circuit court in an action that is brought under this act or otherwise.  (f) Automatically, under section 922, for failure to file an annual report or pay an annual filing fee.   (2) A corporation whose assets have been wholly disposed of under court order in receivership or bankruptcy proceedings may be summarily dissolved by order of the court that has jurisdiction of the proceedings. The clerk of the court shall file a copy of the order with the administrator. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2803 (2021)
2021 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 450.2803 - Dissolution of Corporation by Action of Incorporators or Directors; Conditions; Certificate of Dissolution.

450.2803 Dissolution of corporation by action of incorporators or directors; conditions; certificate of dissolution. Sec. 803.  (1) A corporation may be dissolved by action of its incorporators or directors, if the corporation complies with all of the following conditions:  (a) Has not commenced affairs.  (b) Has not issued any shares and has no members entitled to vote on dissolution.  (c) Has no debts or other liabilities.  (d) Has received no payments on subscriptions for its shares or memberships, contributions or other funds from members or third parties, or, if it has received payments, has returned them to those entitled thereto, less any part thereof disbursed for expenses.  (2) The dissolution of the corporation shall be effected by a majority of the incorporators or directors, executing and filing a certificate of dissolution stating:  (a) The name of the corporation.  (b) That the corporation has not commenced affairs, has issued no shares, and has no members entitled to vote on dissolution, and has no debts or other liabilities.  (c) That the corporation has received no payments on subscriptions to its shares or memberships, contributions or other funds from members or third parties, or, if it has received payments, has returned them to those entitled thereto, less any part thereof disbursed for expenses.  (d) That a majority of the incorporators or directors have elected that the corporation be dissolved. History: 1982, Act 162, Eff. Jan. 1, 1983
MI Comp L § 450.2805 (2021)
2021 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 450.2805 - Dissolution Under Agreement Under MCL 450.2488; Effectiveness.

450.2805 Dissolution under agreement under MCL 450.2488; effectiveness.Sec. 805.  Dissolution under an agreement under section 488 becomes effective by executing and filing a certificate of dissolution on behalf of the corporation that states the name of the corporation and that the corporation is dissolved under an agreement under section 488. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2815 (2021)
2021 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 450.2815 - Renewal of Corporate Existence.

450.2815 Renewal of corporate existence.Sec. 815.  A corporation whose term has expired may renew its corporate existence, if a proceeding under section 851 is not pending, in the following manner:  (a) The board adopts a resolution to renew the corporation's corporate existence.   (b) If the corporation is organized on a stock or membership basis, the corporation submits the proposed renewal for approval at a meeting of shareholders or members. The corporation shall give notice to each shareholder or member of record that is entitled to vote at the meeting within the time and in the manner provided under this act for the giving of notice of meetings of shareholders or members. The notice shall state that a purpose of the meeting is to vote on the renewal of corporate existence. At the meeting, shareholders or members that are entitled to vote on the renewal shall vote on the proposed renewal and the renewal is adopted if a majority of the votes held by shareholders or members of the corporation that are entitled to vote on the renewal are cast in favor of the renewal. Unless a greater vote is required in the articles of incorporation or in a bylaw adopted by the shareholders or members, a proposed renewal is also adopted if a majority of votes that are held by shareholders or members present in person or by proxy at the meeting are cast in favor of the renewal and due notice of the time, place, and object of the meeting is given by mail, at the last known address, to each shareholder or member that is entitled to vote on the renewal at least 20 days before the date of the meeting or by publication in a publication distributed to its shareholders or members at least 20 days before the date of the meeting.  (c) If the corporation is organized on a directorship basis, renewal is authorized if it receives the affirmative vote of a majority of directors who are then in office.  (d) If renewal of the corporate existence of a corporation is approved, a certificate of renewal shall be executed and filed on behalf of the corporation that includes all of the following:  (i) The name of the corporation.  (ii) The date and place of the meeting of shareholders or members at which the renewal of existence was approved, if any.  (iii) A statement that renewal was approved by the requisite vote of the directors and the shareholders or members under subdivision (b), or of the directors under subdivision (c).  (iv) The duration of the corporation, if other than perpetual. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2817 (2021)
2021 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 450.2817 - Effect of Filing Certificate of Revocation of Dissolution or Renewal of Corporate Existence; Accrued Penalty or Liability; Adoption of Corporate Name; Rights.

450.2817 Effect of filing certificate of revocation of dissolution or renewal of corporate existence; accrued penalty or liability; adoption of corporate name; rights.Sec. 817.  (1) When a certificate of revocation of dissolution is filed under section 811 or a certificate of renewal of existence is filed under section 815, the revocation of the dissolution proceedings or the renewal of the corporate existence becomes effective, and the corporation may again conduct affairs.  (2) Revocation of dissolution under section 811 or renewal of corporate existence under section 815 does not relieve a corporation of any penalty or liability accrued against it under any law of this state.  (3) The administrator may require a corporation that files a certificate of revocation of dissolution under section 811 or a certificate of renewal of corporate existence under section 815 to adopt a corporate name that conforms to the requirements of section 212.  (4) The rights of a corporation that complies with this section are the same as though a dissolution or expiration of term has not occurred, and all contracts entered into and other rights acquired during the interval are valid and enforceable. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2821 (2021)
2021 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 450.2821 - Action by Attorney General for Dissolution of Corporation; Grounds; Other Actions.

450.2821 Action by attorney general for dissolution of corporation; grounds; other actions.Sec. 821.  (1) The attorney general may bring an action in the circuit court for the county in which the principal place of business or registered office of a corporation is located or for Ingham county for dissolution of a corporation on the ground that the corporation has committed any of the following acts:  (a) Procured its organization through fraud.  (b) Repeatedly, willfully, and materially exceeded the authority conferred on it by law.  (c) Repeatedly, willfully, and materially conducted its affairs in an unlawful manner.  (2) The enumeration in this section of grounds for dissolution does not exclude any other statutory or common law action by the attorney general for dissolution of a corporation or revocation or forfeiture of its corporate franchises. History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2825 (2021)
2021 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 450.2825 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2825 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to adjudging dissolution and liquidation of assets and affairs of corporation by circuit court in action filed by shareholder, member, or director.
MI Comp L § 450.2831 (2021)
2021 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 450.2831 - Dissolution of Corporation; Conditions.

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
MI Comp L § 450.2833 (2021)
2021 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 450.2833 - Dissolved Corporation; Continuation of Corporate Existence; Conduct of Affairs.

450.2833 Dissolved corporation; continuation of corporate existence; conduct of affairs. Sec. 833.  Except as a court may otherwise direct, a dissolved corporation shall continue its corporate existence but shall not conduct affairs except for the purpose of winding up its affairs by:  (a) Collecting its assets.  (b) Selling or otherwise transferring, with or without security, assets which are not to be distributed in kind pursuant to section 855.  (c) Paying its debts and other liabilities.  (d) Doing all other acts incident to liquidation of its affairs. History: 1982, Act 162, Eff. Jan. 1, 1983
MI Comp L § 450.2834 (2021)
2021 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 450.2834 - Dissolved Corporation and Officers, Directors, Shareholders, and Members; Manner of Functioning.

450.2834 Dissolved corporation and officers, directors, shareholders, and members; manner of functioning. Sec. 834.  Subject to section 833 and except as otherwise provided by court order, a dissolved corporation, its officers, directors, shareholders, and members shall continue to function in the same manner as if dissolution had not occurred. Without limiting the generality of this section:  (a) The directors of the corporation are not deemed to be trustees of its assets solely because of the fact of dissolution and shall thereby be held to no greater standard of conduct than that prescribed by section 541.  (b) Title to the corporation's assets remains in the corporation until transferred by it in the corporate name.  (c) The dissolution does not change quorum or voting requirements for the board, shareholders, or members and does not alter provisions regarding election, appointment, resignation or removal of, or filling vacancies among, directors or officers, or provisions regarding amendment or repeal of bylaws or adoption of new bylaws.  (d) Shares may be transferred if otherwise authorized.  (e) The corporation may sue and be sued in its corporate name and process may issue by and against the corporation in the same manner as if dissolution had not occurred.  (f) An action brought against the corporation before its dissolution does not abate because of the dissolution. History: 1982, Act 162, Eff. Jan. 1, 1983
MI Comp L § 450.2841 (2021)
2021 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 450.2841 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2841 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to notice to creditors.
MI Comp L § 450.2841a (2021)
2021 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 450.2841a - Written Notice to Claimants of Dissolved Corporation.

450.2841a Written notice to claimants of dissolved corporation.Sec. 841a.  (1) A dissolved corporation may notify its existing claimants in writing of the dissolution of the corporation at any time after the effective date of the dissolution. The written notice shall include all of the following:  (a) A description of the information that must be included in a claim. The corporation may demand sufficient information to permit it to make a reasonable judgment whether the claim should be accepted or rejected.  (b) A mailing address where a claim may be sent.  (c) The deadline by which the dissolved corporation must receive the claim. The deadline must be at least 6 months after the effective date of the written notice.  (d) A statement that a claim that is not received by the deadline is barred.  (2) Providing a notice under subsection (1) does not constitute recognition that a person to which the notice is directed has a valid claim against the corporation.  (3) A claim against a dissolved corporation is barred if either of the following applies:  (a) If a claimant that was given written notice under subsection (1) does not deliver the claim to the dissolved corporation by the deadline.  (b) If a claimant whose claim is rejected by a written notice of rejection by the dissolved corporation does not commence a proceeding to enforce the claim within 90 days after the effective date of the written notice of rejection.  (4) As used in this section and section 842a:  (a) The "effective date" of a written notice is the earliest of the following:  (i) The date it is received.  (ii) Five days after its deposit in the United States mail, as evidenced by the postmark, if it is mailed postpaid and correctly addressed.  (iii) The date shown on the return receipt, if the notice is sent by registered or certified mail, return receipt requested, and the receipt is signed by or on behalf of the addressee.  (b) "Existing claim" means any claim or right against a corporation, liquidated or unliquidated. The term does not mean a contingent liability or a claim that is based on an event that occurs after the effective date of dissolution of the corporation. History: Add. 2014, Act 557, Imd. Eff. Jan. 15, 2015
MI Comp L § 450.2842 (2021)
2021 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 450.2842 - Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015.

450.2842 Repealed. 2014, Act 557, Imd. Eff. Jan. 15, 2015. Compiler's Notes: The repealed section pertained to mailing notice to creditor of corporation.