A bill to amend 1972 PA 284, entitled “Business corporation act,” by amending sections 105, 106, 131, 202, 211, 745, 746, and 762 (MCL 450.1105, 450.1106, 450.1131, 450.1202, 450.1211, 450.1745, 450.1746, and 450.1762), sections 105, 106, and 211 as amended by 2012 PA 569, sections 131, 202, 746, and 762 as amended by 2018 PA 85, and section 745 as added by 2008 PA 402, and by adding chapter 9A.
Modernizes the administrative processes for Michigan corporations. Key features include the adoption of electronic filing, clarification of document endorsement and filing procedures, introduction of expedited filing fees, and detailed requirements for articles of incorporation and corporate naming conventions.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection
