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MI HB5290

Bill

Status

Introduced

1/26/2012

Primary Sponsor

Roy Schmidt

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Allows corporations to file certificates of assumed name renewal before the standard 90-day window, with administrator able to either reject early filings or hold and process them during the proper 90-day period.

  • Modifies Section 217 to make certificate of assumed name extensions subject to new subsection (7) procedures for early filings.

  • Updates Section 1060(2) to clarify that the administrator cannot refund fees except as provided in the new Section 217(7) early filing procedures.

  • Maintains existing 5-year renewal periods for certificates of assumed name with administrator notification requirement 90 days before expiration.

Legislative Description

Businesses; business corporations; processing of certificate to renew assumed name and fee; revise. Amends secs. 217 & 1060 of 1972 PA 284 (MCL 450.1217 & 450.2060).

Businesses, business corporations

Last Action

Recommendation Concurred In

9/12/2012

Committee Referrals

Commerce1/26/2012

Full Bill Text

No bill text available