BUSINESS CORPORATION ACT
Act 284 of 1972
450.1925 Renewal of corporate existence or certificate of authority by filing reports and paying fees and penalties; adoption of corporate name; effect of compliance.
Sec. 925.
(1) A domestic corporation which has been dissolved under subsection (1) of section 922, or a foreign corporation whose certificate of authority has been revoked under subsection (2) of section 922 or section 1042, may renew its corporate existence or its certificate of authority by filing the reports and paying the fees for the years for which they were not filed and paid, and for every subsequent intervening year, together with the penalties provided by section 921. Upon filing the reports and payment of the fees and penalties, the corporate existence or the certificate of authority is renewed. The administrator may require the corporation to adopt or use within this state a corporate name that conforms to the requirements of section 212.
(2) Upon compliance with the provisions of this section, the rights of the corporation shall be the same as though a dissolution or revocation had not taken place, and all contracts entered into and other rights acquired during the interval shall be valid and enforceable.
History: 1972, Act 284, Eff. Jan. 1, 1973 ;-- Am. 1973, Act 98, Imd. Eff. Aug. 8, 1973 ;-- Am. 1989, Act 121, Eff. Oct. 1, 1989
Notes of Decisions
Bergy Bros. v. Zeeland Feeder Pig, Inc., 327 N.W.2d 305 (Mich. 1982).
· cites it 2× “248(1); currently MCL 450.1925; MSA 21.200(925). Unlike some jurisdictions which have had difficulty with the question of whether such reinstatement was intended to be retroactive, Michigan law expressly made the reinstatement retroactive by providing that reinstatement operated…”
United States v. Van, 931 F.2d 384 (6th Cir. 1991).
· cites it 2× “284 of 1972, as amended, Mich. Comp. Laws Ann. § 450.1925 . This section provides that a domestic corporation which has been dissolved under subsection (1) of section 922 may renew its corporate existence by filing reports and paying delinquent fees and penalties.”
Cardinal-Franklin Collections, Ltd. v. Dep't of Licensing & Reg., 443 N.W.2d 176 (Mich. Ct. App. 1989).
· cites it 2× “MCL 450.1925; MSA 21.200(925). In the case where a dissolved corporation regains *599 corporate status upon subsequent compliance, "the rights of the corporation shall be the same as though a dissolution or revocation had not taken place, and all contracts entered into and other…”
Bergy Bros., Inc. v. Zeeland Feeder Pig, Inc., 292 N.W.2d 493 (Mich. Ct. App. 1980).
· cites it 2× “248(1), 2 the charter was revived on September 7, 1972, after the delinquent reports were filed. The trial court held that the debt was legally incurred by the corporation, basing its ruling on MCL 450.”
Phoenix Energy Sales Co. v. Goodman, 960 F. Supp. 1253 (E.D. Mich. 1997).
· cites it 7× “This Section provides: Upon compliance with the provisions of this section, the rights of the corporation shall be the same as though a dissolution or revocation had not taken place, and all contracts entered into and other rights acquired during the interval shall be valid and…”
R3 Composites Corp. v. G&S Sales Corp. (N.D. Ind. 2020).
“’” (ECF 87 ¶ 4 (quoting Mich. Comp. Laws § 450.1925 (2))). In its memorandum in opposition to the motion for leave to file a surreply, Plaintiff primarily asserts that the motion should be denied as it “is of little import to the issue before the Court,” because allowing…”
Armada Oil & Gas Co. Varmada Oil & Gas Warren Petro Mart Inc (Mich. Ct. App. 2024).
“” MCL 450.1925. Armada offers, and we see, nothing to support the notion that any temporary dissolution of Warren Petro that may have occurred due to its failure to file an annual report in July 2011 resulted in Warren Petro being divested of its title to the Dequindre Property,…”
Scott Woodbury v. Ruth Averill (Mich. 2013).
“2834; (3) whether Bergy Bros, Inc v Zeelend Feeder Pig, Inc, 415 Mich 286 (1980), correctly interpreted MCL 450.1925, the analogous provision in the Business Corporation Act, MCL 450.”
— Mich. Comp. Laws § 450.1925(1) — 2 cases
— Mich. Comp. Laws § 450.1925(2) — 2 cases
Phoenix Energy Sales Co. v. Goodman, 960 F. Supp. 1253 (E.D. Mich. 1997).
“This Section provides: Upon compliance with the provisions of this section, the rights of the corporation shall be the same as though a dissolution or revocation had not taken place, and all contracts entered into and other rights acquired during the interval shall be valid and…”
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