SENATE BILL No. 359

 

 

April 2, 2003, Introduced by Senator JACOBS and referred to the Committee on Appropriations.

 

 

        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1993 PA 23, entitled                                              

                                                                                

    "Michigan limited liability company act,"                                   

                                                                                

    by amending section 1101 (MCL 450.5101), as amended by 2002 PA              

                                                                                

    686.                                                                        

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

1       Sec. 1101.  (1)  The  Subject to subsection (2), the fees to                

                                                                                

2   be paid to the administrator when the documents described in this           

                                                                                

3   subsection are delivered to him or her for filing are as                    

                                                                                

4   follows:                                                                    

                                                                                

5       (a) Certificate of correction, $25.00.                                      

                                                                                

6       (b) Articles of organization, $50.00.                                       

                                                                                

7       (c) Amendment to the articles of organization, $25.00.                      

                                                                                

8       (d) Restated articles of organization, $50.00.                              

                                                                                

9       (e) Application for reservation of name, $25.00.                            

                                                                                

10      (f) Certificate of assumed name or a certificate of                         

                                                                                


                                                                                

1   termination of assumed name, $25.00.                                        

                                                                                

2       (g) Annual statement of resident agent and registered office,               

                                                                                

3   $15.00.                                                                     

                                                                                

4       (h) Certificate of restoration of good standing, $50.00.                    

                                                                                

5       (i) Notice of resignation of resident agent, or statement of                

                                                                                

6   change of registered office or resident agent, $5.00.                       

                                                                                

7       (j) Certificate of merger as provided in article 7, $100.00.                

                                                                                

8       (k) Certificate of abandonment, $10.00.                                     

                                                                                

9                                                                                (l) Certificate of conversion, $25.00.                                              

                                                                                

10      (m) Certificate of dissolution, $10.00.                                     

                                                                                

11      (n) Application of a foreign limited liability company for a                

                                                                                

12  certificate of authority to transact business in this state,                

                                                                                

13  $50.00.                                                                     

                                                                                

14      (o) Certificate correcting statement contained in an                        

                                                                                

15  application for a certificate of authority to transact business             

                                                                                

16  in this state, $25.00.                                                      

                                                                                

17      (p) Certificate attesting to the occurrence of a merger of a                

                                                                                

18  foreign limited liability company, as provided in section 1005,             

                                                                                

19  $10.00.                                                                     

                                                                                

20      (q) Application for withdrawal and issuance of a certificate                

                                                                                

21  of withdrawal of a foreign limited liability company, $10.00.               

                                                                                

22      (2) The fee amounts set forth in subsection (1) apply through               

                                                                                

23  September 30, 2003.  Beginning October 1, 2003, the amount of               

                                                                                

24  those fees paid to the administrator in any state fiscal year               

                                                                                

25  shall be established by a fee schedule contained in an                      

                                                                                

26  appropriation act for that fiscal year.                                     

                                                                                

27      (3)  (2)  In addition to a fee required to file a document,                 


                                                                                

1   the administrator may charge a fee of $50.00 if the document is             

                                                                                

2   filed by facsimile or other electronic transmission or the                  

                                                                                

3   administrator is requested to transmit a document by facsimile or           

                                                                                

4   other electronic transmission.                                              

                                                                                

5       (4)  (3) The fees prescribed in subsections (1) and (2), no                 

                                                                                

6   part of which shall be refunded, when collected shall be paid               

                                                                                

7   into the treasury of the state and credited to  The administrator           

                                                                                

8   shall not refund all or any part of a fee described in this                 

                                                                                

9   section.  The administrator shall deposit all fees received and             

                                                                                

10  collected under this section in the state treasury to the credit            

                                                                                

11  of the administrator,  to be used solely by the department  who             

                                                                                

12  may only use the money credited pursuant to legislative                     

                                                                                

13  appropriation and only in carrying out those duties of the                  

                                                                                

14  department required by law.                                                 

                                                                                

15      (5)  (4)  A minimum charge of $1.00 for each certificate and                

                                                                                

16  50 cents per folio shall be paid to the administrator for                   

                                                                                

17  certifying a part of a file or record pertaining to a domestic or           

                                                                                

18  foreign limited liability company if a fee is not set forth in              

                                                                                

19  subsection (1) or established pursuant to subsection (2).  The              

                                                                                

20  administrator may furnish copies of documents, reports, and                 

                                                                                

21  papers required or permitted by law to be filed with the                    

                                                                                

22  administrator, and shall charge for those copies pursuant to a              

                                                                                

23  schedule of fees that the administrator shall adopt with the                

                                                                                

24  approval of the state administrative board.  The administrator              

                                                                                

25  shall retain the revenue collected under this subsection  to be             

                                                                                

26  used by the department  and use it to defray the costs of  its              

                                                                                

27  the department's copying and certifying services.                           


                                                                                

1       (6)  (5)  If a domestic or foreign limited liability company                

                                                                                

2   pays fees or penalties by check and the check is dishonored, the            

                                                                                

3   fee is considered unpaid and the filing of all related documents            

                                                                                

4   will be rescinded.                                                          

                                                                                

5       (7)  (6)  The administrator may accept  a  payment by credit                

                                                                                

6   card, instead of cash or check, as payment of a fee under this              

                                                                                

7   act.  The administrator shall determine which credit cards  may             

                                                                                

8   be accepted  he or she shall accept for payment of a fee.