Michigan Laws 450.1923 – Extension of time for filing report; report to attorney general; action for imposition of penalties; notice of failure to file report
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Terms Used In Michigan Laws 450.1923
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) If good cause is shown, the administrator may extend the time for filing a report for not more than 1 year from the due date of the filing.
(2) The administrator may report promptly to the attorney general any violation of section 921, 922, 931, or 932, and the attorney general may bring an action for imposition of the prescribed penalties. If a domestic or foreign corporation neglects or refuses to file its report within the time prescribed under this act, the administrator shall notify the corporation of that fact by mail directed to its registered office not later than 90 days after the due date of the filing.
(3) The administrator may electronically transmit a notification described in subsection (2) to the resident agent of the corporation in the manner authorized by the corporation.