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MI SB1361
Bill
AI Summary
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Amends the Nonprofit Corporation Act (1982 PA 162) to modify filing fees for nonprofit corporations under Section 1060.
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Changes the fee for filing reports required under section 911 from a tiered structure ($10.00 before October 1, 2003 and after September 30, 2012; $20.00 between those dates) to a flat rate of $20.00.
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Maintains all other filing fees at existing rates, including $10.00 for articles of incorporation, amendments, dissolution certificates, and most other standard filings.
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Specifies that fees must be paid to the administrator at time of filing or service and are in addition to any franchise fees prescribed in the act.
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Requires all fees collected to be deposited in the state treasury and used only for administrator duties as authorized by legislative appropriation.
Legislative Description
Businesses; nonprofit corporations; fees for filing certain reports; revise. Amends sec. 1060 of 1982 PA 162 (MCL 450.3060).
Businesses, nonprofit corporations
Last Action
Referred To Committee On Appropriations
11/8/2012