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Michigan Compiled Laws — DISSOLUTION OF CHARITABLE PURPOSE CORPORATIONS ACT (Act 169 of 1965)

Michigan · statute · 169 of 1965, Mich. Comp. Laws · 5 active provisions

5 active provisions.

Provisions

Mich. Comp. Laws § 450.251

Charitable purpose corporations; prohibited conduct; compliance with subsection (2); merger, conversion, or dissolution; notice and documents to attorney general; court proceedings; consent to dissolution by attorney general.

(1) A nonprofit corporation, foundation, trustee corporation, or other corporation, or entity organized under the laws of this state whose purposes include operating or holding property for any charitable purpose, unless it is organized for religious purposes, shall not do any of the following unless it complies with s…

MichiganDISSOLUTION OF CHARITABLE PURPOSE CORPORATIONS ACTeffective
Business & CommerceCourts & Civil Procedure
Mich. Comp. Laws § 450.252

Acceptance of certain certificates and amendments by department of licensing and regulatory affairs; issuance of certificate of withdrawal.

(1) The department of licensing and regulatory affairs shall not accept any of the following for filing unless it is accompanied by an order of a circuit court dissolving the corporation or entity, the written consent of the attorney general under section 2a to the dissolution of the corporation or entity, or an affida…

MichiganDISSOLUTION OF CHARITABLE PURPOSE CORPORATIONS ACTeffective
Government Administration
Mich. Comp. Laws § 450.252a

Consent by attorney general; failure to provide written notice under subsection (1); submission of affidavit; judicial review of refusal of attorney general to consent to transaction.

(1) If a charitable corporation or other entity described in section 1(1) submits a written request to the attorney general for consent to the filing of a certificate of dissolution, merger, or conversion, an amendment to or restatement of its articles of incorporation, or to a dissolution or if a foreign corporation s…

MichiganDISSOLUTION OF CHARITABLE PURPOSE CORPORATIONS ACTeffective
Courts & Civil Procedure