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MI HB5819
Bill
Status
10/17/2012
Primary Sponsor
Alton Pscholka
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AI Summary
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Amends Michigan's nonprofit corporation law to revise filing and examination fees for various corporate documents and filings with the state administrator.
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Establishes specific fees ranging from $2.00 to $50.00 for services including articles of incorporation, amendments, mergers, dissolutions, name reservations, and certificates of various types.
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Sets the annual report filing fee at $10.00 if paid before October 1, 2003 or after September 30, 2015, and $20.00 for filings between October 1, 2003 and September 30, 2015.
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Requires corporations to pay applicable fees at the time of filing and directs the administrator to deposit all fee revenue into the state treasury for use only as legislatively appropriated.
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Waives all applicable fees for corporations where a majority of members or directors are honorably discharged veterans of the United States armed forces, with proof required.
Legislative Description
Businesses; nonprofit corporations; fees for filing certain reports; revise, and waive fees for certain veterans. Amends sec. 1060 of 1982 PA 162 (MCL 450.3060).
Veterans, other
Last Action
Assigned Pa 309'12 With Immediate Effect
10/17/2012