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Code · Michigan · Chapter 450 — Corporations

450.2107 Definitions; F.

101 words·~1 min read·/mi/chapter-450/450-2107

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450.2107 Definitions; F.
Sec. 107.
(1)"Foreign business corporation" means a corporation for profit that is formed under laws other than the laws of this state, that includes in its purposes a purpose for which a corporation may be formed under the business corporation act.
(2)"Foreign corporation" means a nonprofit corporation formed under laws other than the laws of this state, if its purpose or purposes are a purpose or purposes for which a corporation may be formed under this act.
History: 1982, Act 162, Eff. Jan. 1, 1983 ;-- Am. 2014, Act 557 , Imd. Eff. Jan. 15, 2015
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