450.3061 Fee for privilege of exercising franchises in state.
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450.3061 Fee for privilege of exercising franchises in state.
Sec. 1061.
Every corporation organized or conducting affairs in this state shall, upon filing its articles, or, if a foreign corporation, upon filing its application for admission, pay to the administrator a fee of $10.00 for the privilege of exercising its franchises within this state, upon such organization or admission as the case may be.
History: 1982, Act 162, Eff. Jan. 1, 1983