§ 450.411 Nonprofit corporations; renewal of corporate existence; new articles; reports; fees; penalty
§ 450.412 Nonprofit corporations; revival of charter; extension of corporate term; validity of corporate acts
non profit

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Terms Used In Michigan Laws > Chapter 450 > Act 2 of 1945 - Revival of Nonprofit Corporations

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  • Statute: A law passed by a legislature.