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MI HB5893

Bill

Status

Passed

10/17/2012

Primary Sponsor

Alton Pscholka

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Amends section 1060 of the Michigan Business Corporation Act to establish filing fees for various corporate documents and transactions.

  • Sets standard filing fees at $10.00 for articles of incorporation, amendments, dissolution certificates, and other routine corporate filings, with $5.00 for changes of registered office or resident agent.

  • Establishes higher fees of $50.00 for merger certificates, foreign corporation name registration, and related transactions.

  • Requires annual report fees of $15.00 if paid before October 1, 2003 or after September 30, 2015, and $25.00 for payments between those dates.

  • Waives all required fees for corporations where a majority of shares are held by one or more honorably discharged veterans of the U.S. Armed Forces upon proof provided to the administrator.

Legislative Description

Businesses; business corporations; annual report fee; revise. Amends sec. 1060 of 1972 PA 284 (MCL 450.2060).

Businesses, business corporations

Last Action

Assigned Pa 315'12 With Immediate Effect

10/17/2012

Committee Referrals

Appropriations9/12/2012

Full Bill Text

No bill text available