reglab/housing_qa huggingface dataset:
MI Comp L § 450.1925 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-9 - Chapter 9 Reports (450.1901...450.1935)|Section 450.1925 - Renewal of Corporate Existence or Certificate of Authority by Filing Reports and Paying Fees and Penalties; Adoption of Corporate Name; Effect of Compliance.

450.1925 Renewal of corporate existence or certificate of authority by filing reports and paying fees and penalties; adoption of corporate name; effect of compliance. Sec. 925.  (1) A domestic corporation which has been dissolved under subsection (1) of section 922, or a foreign corporation whose certificate of authority has been revoked under subsection (2) of section 922 or section 1042, may renew its corporate existence or its certificate of authority by filing the reports and paying the fees for the years for which they were not filed and paid, and for every subsequent intervening year, together with the penalties provided by section 921. Upon filing the reports and payment of the fees and penalties, the corporate existence or the certificate of authority is renewed. The administrator may require the corporation to adopt or use within this state a corporate name that conforms to the requirements of section 212.  (2) Upon compliance with the provisions of this section, the rights of the corporation shall be the same as though a dissolution or revocation had not taken place, and all contracts entered into and other rights acquired during the interval shall be valid and enforceable. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
MI Comp L § 450.1931 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-9 - Chapter 9 Reports (450.1901...450.1935)|Section 450.1931 - Wilful False Statement in Report; Penalty.

450.1931 Wilful false statement in report; penalty. Sec. 931.  If a domestic or foreign corporation which is required to file a report as provided in section 911 wilfully makes a false statement in the report, it is subject to an additional penalty of $1,000.00. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1978, Act 32, Imd. Eff. Feb. 24, 1978
MI Comp L § 450.1932 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-9 - Chapter 9 Reports (450.1901...450.1935)|Section 450.1932 - False or Fraudulent Report, Certificate, or Statement; Falsification or Alteration of Books, Records, or Accounts; Penalties.

450.1932 False or fraudulent report, certificate, or statement; falsification or alteration of books, records, or accounts; penalties. Sec. 932.  (1) A person who knowingly makes or files or a person who knowingly assists in the making or filing of a false or fraudulent report, certificate, or other statement required by this act to be filed by a domestic or foreign corporation with a public officer of this state, or a person knowing the same to be false or fraudulent, who procures, counsels, or advises the making or filing of a report, certificate, or statement, is guilty of a misdemeanor and is subject to a fine of not to exceed $1,000.00 for each offense.  (2) An officer or agent of a corporation who knowingly falsifies or wrongfully alters the books, records, or accounts of a corporation is guilty of a misdemeanor and is subject to a fine of not to exceed $1,000.00 for each such offense. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
MI Comp L § 450.1935 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-9 - Chapter 9 Reports (450.1901...450.1935)|Section 450.1935 - Repealed. 1989, Act 121, Eff. Oct. 1, 1989.

450.1935 Repealed. 1989, Act 121, Eff. Oct. 1, 1989. Compiler's Notes: The repealed section pertained to liability to creditor or shareholder for false representation or alteration.
MI Comp L § 450.2001 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2001 - Foreign Corporation Transacting Business in State on Effective Date of Act.

450.2001 Foreign corporation transacting business in state on effective date of act. Sec. 1001.  A foreign corporation which is authorized to transact business in this state on the effective date of this act, for a purpose for which a corporation might secure such authority under this act, has the rights and privileges applicable to a foreign corporation which receives a certificate of authority to transact business in this state under this act. From the effective date of this act the corporation is subject to the duties, restrictions, penalties and liabilities prescribed herein for a foreign corporation which receives a certificate of authority to transact business in this state under this act. History: 1972, Act 284, Eff. Jan. 1, 1973
MI Comp L § 450.2002 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2002 - Foreign Corporation With Certificate of Authority.

450.2002 Foreign corporation with certificate of authority.Sec. 1002.  (1) A foreign corporation that receives a certificate of authority under this act, until a certificate of revocation or of withdrawal is issued under this act, has the same rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which the certificate of authority is issued. Except as otherwise provided in this act, the corporation is subject to the same duties, restrictions, penalties, and liabilities of a similar domestic corporation.   (2) This act does not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 2008, Act 402, Imd. Eff. Jan. 6, 2009
MI Comp L § 450.2003 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2003 - Foreign Corporation Without Certificate of Authority.

450.2003 Foreign corporation without certificate of authority. Sec. 1003.  A foreign corporation which transacts business in this state without a certificate of authority under this act is subject to the same duties, restrictions, penalties and liabilities now or hereafter imposed upon a foreign corporation which receives such certificate of authority, in addition to any other penalty or liability imposed by law. History: 1972, Act 284, Eff. Jan. 1, 1973
MI Comp L § 450.2011 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2011 - Certificate of Authority as Prerequisite to Transacting Business; Scope of Authority.

450.2011 Certificate of authority as prerequisite to transacting business; scope of authority. Sec. 1011.  A foreign corporation shall not transact business in this state until it has procured a certificate of authority to transact business from the administrator. A foreign corporation may be authorized to transact business in this state that may be transacted lawfully in this state by a domestic corporation, to the extent that it is authorized to transact that business in the jurisdiction where it is organized, but no other business. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1997, Act 118, Imd. Eff. Oct. 24, 1997
MI Comp L § 450.2012 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2012 - Activities Not Constituting Transaction of Business; Applicability of Section.

450.2012 Activities not constituting transaction of business; applicability of section. Sec. 1012.  (1) Without excluding other activities which may not constitute transacting business in this state, a foreign corporation is not considered to be transacting business in this state, for the purposes of this act, solely because it is carrying on in this state any 1 or more of the following activities:  (a) Maintaining, defending, or settling any proceeding.  (b) Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs.  (c) Maintaining bank accounts.  (d) Maintaining offices or agencies for the transfer, exchange, and registration of the corporation's own securities or maintaining trustees or depositories with respect to those securities.  (e) Selling through independent contractors.  (f) Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts.  (g) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property.  (h) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts.  (i) Owning, without more, real or personal property.  (j) Conducting an isolated transaction that is completed within 30 days and that is not one in the course of repeated transactions of like nature.  (k) Transacting business in interstate commerce.  (2) This section does not apply in determining the contacts or activities which may subject a foreign corporation to service of process or taxation in this state or to regulation under any other act of this state. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1993, Act 91, Eff. Oct. 1, 1993
MI Comp L § 450.2013 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2013 - Loans.

450.2013 Loans. Sec. 1013.  A foreign corporation may acquire or, through another person entitled to transact business in this state, may make loans, or participations or interests therein, insured or guaranteed in whole or in part by the federal housing administration or the veterans' administration or a successor or similar agency of the federal government, which are secured in whole or in part by mortgages of real property located in this state, and a foreign corporation may purchase a loan, or participation or interest therein, secured in whole or in part by a mortgage of real property located in this state, without maintaining authority to transact business in this state under this act or any other law of this state relating to such qualification or authority and without paying fees with respect thereto. Neither the failure, heretofore or hereafter, of such a foreign corporation to qualify or maintain authority to transact business in this state under this act or any such other law of this state nor its failure, heretofore or hereafter, to pay fees with respect thereto affects or impairs its ownership of such loans or participations or interests therein, whether heretofore or hereafter made or acquired, or its right to collect and service the same through another person entitled to transact business in this state, or its right to enforce the same or to acquire, hold, protect, convey, lease and otherwise contract and deal with respect to the property mortgaged as security therefor. History: 1972, Act 284, Eff. Jan. 1, 1973
MI Comp L § 450.2014 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2014 - Applicability of MCL 450.2001 to 450.2055.

450.2014 Applicability of MCL 450.2001 to 450.2055. Sec. 1014.  (1) Sections 1001 through 1055 shall apply to all of the following:  (a) A foreign corporation organized not for pecuniary profit.  (b) A foreign joint stock company.  (c) A foreign common law or statutory trust, by whatever term or designation known, having any of the powers or privileges of a corporation not possessed by an individual or partnership.  (2) Sections 1001 through 1055 shall not apply to either of the following:  (a) A foreign corporation permitted to do business in this state by license issued by the commissioner of insurance according to the provisions of law.  (b) The government of any state or political subdivision of the state or of the United States or of any foreign nation or any political subdivision of the United States or a foreign nation, or any corporation organized as an instrumentality of the government of any of the foregoing. History: Add. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 1993, Act 91, Eff. Oct. 1, 1993
MI Comp L § 450.2015 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2015 - Certificate of Authority to Transact Business; Application; Filing; Contents.

450.2015 Certificate of authority to transact business; application; filing; contents. Sec. 1015.  To procure a certificate of authority to transact business in this state, a foreign corporation shall file with the administrator an application setting forth all of the following:  (a) The name of the corporation and the jurisdiction of its incorporation.  (b) The date of incorporation and the period of duration of the corporation.  (c) The street address, and the mailing address if different from the street address, of its main business or headquarters office.  (d) The street address of its registered office in this state, the mailing address if different from the street address, and the name of its resident agent in this state at the address, together with a statement that the resident agent is an agent of the corporation upon whom process against the corporation may be served.  (e) The character of the business it is to transact in this state, together with a statement that it is authorized to transact such business in the jurisdiction of its incorporation.  (f) Any additional information as the administrator may require in order to determine whether the corporation is entitled to a certificate of authority to transact business in this state and to determine the fees and taxes prescribed by law. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1993, Act 91, Eff. Oct. 1, 1993
MI Comp L § 450.2016 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2016 - Foreign Corporation; Application; Attaching Certificate of Good Standing; Fees; Issuance of Certificate of Authority; Duration of Authority.

450.2016 Foreign corporation; application; attaching certificate of good standing; fees; issuance of certificate of authority; duration of authority. Sec. 1016.  (1) A certificate setting forth that the corporation is in good standing under the laws of the jurisdiction of its incorporation, executed by the official of the jurisdiction who has custody of the records pertaining to corporations and dated not earlier than 30 days before filing of the application, shall be attached to the application of a foreign corporation. If the certificate is in a foreign language, a translation of the certificate under oath of the translator shall be attached to the certificate.  (2) Upon filing of the application, accompanied by the filing and franchise fees prescribed by law, the administrator shall issue to the foreign corporation a certificate of authority to transact business in this state. Upon the issuance of a certificate of authority, the foreign corporation is authorized to transact in this state any business of the character set forth in its application, which a domestic corporation formed under this act may lawfully transact. The authority continues so long as the foreign corporation retains its authority to transact such business in the jurisdiction of its incorporation and its authority to transact business in this state has not been surrendered, suspended, or revoked. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1982, Act 407, Eff. Jan. 1, 1983 ;-- Am. 1993, Act 91, Eff. Oct. 1, 1993
MI Comp L § 450.2023 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2023 - Repealed. 1993, Act 91, Eff. Oct. 1, 1993.

450.2023 Repealed. 1993, Act 91, Eff. Oct. 1, 1993. Compiler's Notes: The repealed section pertained to increase by foreign corporation of authorized stock attributable to state.
MI Comp L § 450.2031 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2031 - Application for Withdrawal From State.

450.2031 Application for withdrawal from state. Sec. 1031.  A foreign corporation authorized to transact business in this state may withdraw from this state upon receiving from the administrator a certificate of withdrawal. The foreign corporation shall file an application for withdrawal setting forth:  (a) The name of the corporation and the jurisdiction of its incorporation.  (b) That the corporation is not transacting business in this state.  (c) That the corporation surrenders its authority to transact business in this state. History: 1972, Act 284, Eff. Jan. 1, 1973
MI Comp L § 450.2032 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2032 - Issuance and Effect of Certificate of Withdrawal.

450.2032 Issuance and effect of certificate of withdrawal. Sec. 1032.  Upon filing the application for withdrawal, and payment of the filing fee prescribed by law, the administrator shall issue to the foreign corporation a certificate of withdrawal, and the following shall occur:  (a) The authority of the foreign corporation to transact business in this state shall cease.  (b) The authority of its resident agent in this state to accept service of process against the foreign corporation is revoked. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
MI Comp L § 450.2035 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2035 - Information Required to Be Filed on Dissolution, Termination, Merger, Conversion, or Consolidation; Assessment of Unpaid Fees; Certificate of Withdrawal; "Business Organization" Defined.

450.2035 Information required to be filed on dissolution, termination, merger, conversion, or consolidation; assessment of unpaid fees; certificate of withdrawal; "business organization" defined.Sec. 1035.  (1) If a foreign corporation authorized to transact business in this state is dissolved, or its authority or existence is otherwise terminated or canceled in the jurisdiction of its incorporation, or it is merged into, converted into, or consolidated with another corporation or business organization, it shall file with the administrator any information the administrator requires to determine and assess any unpaid fees payable by the foreign corporation as required by law and either of the following:  (a) A certificate of the official of the jurisdiction of incorporation of the foreign corporation who has custody of the records pertaining to corporations, evidencing the occurrence of the event.  (b) A certified copy of an order or judgment of a court of competent jurisdiction directing dissolution of the foreign corporation, the termination of its existence, or the cancellation of its authority.  (2) If a certificate, order, or judgment described in subsection (1) is filed and the filing fee prescribed by law is paid, the administrator shall issue a certificate of withdrawal that has the same effect as provided under section 1032.  (3) As used in this section, "business organization" means that term as defined in section 736(1). History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 2012, Act 569, Imd. Eff. Jan. 2, 2013
MI Comp L § 450.2041 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2041 - Certificate of Authority; Grounds for Revocation.

450.2041 Certificate of authority; grounds for revocation.Sec. 1041.  Subject to section 1042, in addition to any other ground for revocation provided by law, the administrator may revoke the certificate of authority of a foreign corporation to transact business in this state on any of the following grounds:  (a) The corporation fails to maintain a resident agent in this state as required under this act.  (b) The corporation, after changing its registered office or resident agent, fails to file a statement of the change as required under this act.  (c) The corporation fails to file an amended application as required under this act.  (d) The corporation, after becoming the survivor to a merger or conversion, fails to file the certificate attesting to the occurrence of the merger or conversion as required under this act.  (e) The corporation fails to file its annual report within the time required under this act, or fails to pay an annual filing fee required under this act. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1974, Act 303, Imd. Eff. Oct. 21, 1974 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 1997, Act 118, Imd. Eff. Oct. 24, 1997 ;-- Am. 2012, Act 569, Imd. Eff. Jan. 2, 2013
MI Comp L § 450.2042 (2021)
2021 Michigan Compiled Laws|Chapter 450 - Corporations|Act 284 of 1972 - Business Corporation Act (450.1101 - 450.2099)|284-1972-10 - Chapter 10 Foreign Corporations (450.2001...450.2099)|Section 450.2042 - Certificate of Authority; Revocation; Notice; Certificate of Revocation; Effect.

450.2042 Certificate of authority; revocation; notice; certificate of revocation; effect.Sec. 1042.  (1) The administrator shall revoke a certificate of authority of a foreign corporation only if he or she has given the foreign corporation at least 90 days' notice, by mail or by electronic transmission under subsection (2), that a default under section 1041 exists and that he or she will revoke its certificate of authority unless the default is cured within 90 days after the notice is mailed or electronically transmitted, and the corporation fails within the 90-day period to cure the default.  (2) The administrator may electronically transmit a notice described in subsection (1) to the resident agent of the corporation in the manner authorized by the corporation.  (3) If he or she revokes a certificate of authority under this section, the administrator shall issue a certificate of revocation and shall mail, or, if authorized by the corporation, may electronically transmit, a copy of the certificate of revocation to the resident agent of the corporation.  (4) Issuing the certificate of revocation has the same force and effect as issuing a certificate of withdrawal under section 1031. History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1974, Act 303, Imd. Eff. Oct. 21, 1974 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989 ;-- Am. 1993, Act 91, Eff. Oct. 1, 1993 ;-- Am. 1997, Act 118, Imd. Eff. Oct. 24, 1997 ;-- Am. 2018, Act 85, Eff. June 24, 2018