State Codes and Statutes
Statutes > Michigan > Chapter-450 > Act-162-of-1982 > 162-1982-7 > Section-450-2741NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982
450.2741 Abandonment of merger or consolidation; certificate of abandonment.
Sec. 741.
At any time before the effective date of a certificate of merger or consolidation, the merger or consolidation may be abandoned pursuant to provisions therefor, if any, set forth in the plan of merger or consolidation. If a certificate of merger or consolidation has been filed by a corporation, it shall file a certificate of abandonment within 10 days after the abandonment, but not later than the proposed effective day.
History: 1982, Act 162, Eff. Jan. 1, 1983
