Mich. Comp. Laws » Michigan Compiled Laws / Chapter 600 / Act 236 of 1961
Michigan Compiled Laws

Mich. Comp. Laws § 600.4531 (2026)

Judgment against corporation; restraint; receiver; accounting; distribution of assets; duty of attorney general.

✓ current as of July 2026
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REVISED JUDICATURE ACT OF 1961


Act 236 of 1961


600.4531 Judgment against corporation; restraint; receiver; accounting; distribution of assets; duty of attorney general.

Sec. 4531.

    Whenever any such judgment is rendered, any court having equity jurisdiction has the same powers to restrain the corporation against which it is rendered; to appoint a receiver of its property and effects; and to take an account and make distribution thereof among its creditors, as in the case of the voluntary dissolution of a corporation, and the attorney general shall, immediately after the rendering of any such judgment, institute proceedings for that purpose.

History: 1961, Act 236, Eff. Jan. 1, 1963

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 1981–2024 · leading case: Petitpren v. Taylor Sch. Dist., 304 N.W.2d 553 (Mich. Ct. App. 1981).
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Petitpren v. Taylor Sch. Dist., 304 N.W.2d 553 (Mich. Ct. App. 1981). “3348, MCL 600.4531; MSA 27A.4531, MCL 552.27; MSA 25.”
Wayne Cnty. Jail Inmates v. Wayne Cnty. Chief Exec. Officer, 444 N.W.2d 549 (Mich. Ct. App. 1989). “If we correctly interpret defendant’s claim it is that a court of equity has no jurisdiction to appoint a receiver for a corporation except in a voluntary proceeding provided for in § 13563 et seq.”
20241122_C371299_39_371299.Opn.Pdf (Mich. Ct. App. 2024). “She did not discuss any other challenge to standing. -15- In this case, Karamo was not the holder of a public office within the meaning of MCR 3.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.