Michigan Compiled Laws

Mich. Comp. Laws § 450.192 (2026)

Saving clause.

✓ current as of July 2026

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MICHIGAN GENERAL CORPORATION STATUTE

Act 327 of 1931

450.192 Saving clause.

Sec. 192.

Saving clause. This act shall not impair or affect any act done, offense committed or right accruing, accrued, or acquired, or liability, penalty, forfeiture or punishment incurred prior to the time this act takes effect, but the same may be enjoyed, asserted, enforced, prosecuted or inflicted, as fully and to the same extent as if this act had not been passed.

History: 1931, Act 327, Eff. Sept. 18, 1931 ;-- CL 1948, 450.192

Compiler's Notes:

The catchline following the act section number was incorporated as part of the section when the act was enacted.

Notes of Decisions

Cited in 3 cases, 1950–2008 · leading case: Detroit Int'l Bridge Co. v. Commodities Exp. Co., 760 N.W.2d 565 (Mich. Ct. App. 2008).

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Detroit Int'l Bridge Co. v. Commodities Exp. Co., 760 N.W.2d 565 (Mich. Ct. App. 2008). · cites it 3× “] Moreover, § 192 of the 1931 act, currently in effect as MCL 450.192, states: *666 This act shall not impair or affect any act done, offense committed or right accruing, accrued, or acquired, or liability, penalty, forfeiture or punishment incurred prior to the time this act…”

Weckler v. Valley City Mill. Co., 93 F. Supp. 444 (W.D. Mich. 1950). “Laws 1948, § 450.192, Stat.Ann. § 21.193, provides: “This act shall not impair or affect any act done, offense committed or right accruing, accrued, or acquired, or liability, penalty, forfeiture or punishment incurred prior to the time this act takes effect, but the samé may be…”

Detroit & Canada Tunnel Corp. v. Martin, 91 N.W.2d 525 (Mich. 1958). “) CL 1948, § 450.192 (Stat Ann § 21.193). The Sutton Case is distinguishable from the instant case in the following respects: (1) In the Sut- *232 ■ ton Case the minority preferred shareholder became an owner prior to the effective date of the general corporation act; (2) The…”

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