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MI SB0554

MI SB0554
History and arts; historic sites; references to the Michigan history center act in the business corporation act; update. Amends sec. 913 of 1972 PA 284 (MCL 450.1913). TIE BAR WITH: SB 0564'17


summary

Introduced
09/13/2017
In Committee
10/25/2017
Crossed Over
10/05/2017
Passed
11/08/2017
Dead
Signed/Enacted/Adopted
11/28/2017

Introduced Session

99th Legislature

Bill Summary

Public Acts of 2017 Approved by the Governor November 20, 2017 Filed with the Secretary of State November 21, 2017 EFFECTIVE DATE: February 19, 2018 STATE OF MICHIGAN 99TH LEGISLATURE REGULAR SESSION OF 2017 Introduced by Senator Hansen ENROLLED SENATE BILL No. 554 AN ACT to amend 1972 PA 284, entitled "An act to provide for the organization and regulation of corporations; to prescribe their duties, rights, powers, immunities and liabilities; to provide for the authorization of foreign corporations within this state; to prescribe the functions of the administrator of this act; to prescribe penalties for violations of this act; and to repeal certain acts and parts of acts," by amending section 913 (MCL 450.1913), as amended by 1989 PA 121.

AI Summary

This bill updates references to the Michigan History Center Act in the Business Corporation Act. Specifically, it allows the county clerk to destroy copies of corporate documents that were previously forwarded to the clerk's office, in accordance with the records retention provisions of the Michigan History Center Act. The bill takes effect 90 days after it is enacted, and is tied to the enactment of another bill, Senate Bill 564 of the 99th Legislature.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Assigned Pa 0177'17 With Immediate Effect (on 11/28/2017)

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