April 24, 2018, Introduced by Reps. Santana, Sheppard, Greig, Vaupel, Green, Lasinski, Chang, Love, Cochran, Pagan, Hoadley, Hertel, Dianda, Zemke, Yanez, Brinks, Garrett, Lucido, Iden, LaGrand, Canfield, Inman, Faris and Sneller and referred to the Committee on Commerce and Trade.
A bill to amend 1972 PA 284, entitled
"Business corporation act,"
by amending section 911 (MCL 450.1911), as amended by 2012 PA 569.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 911. (1) A domestic corporation and each foreign
corporation subject to chapter 10 shall file a report with the
administrator no later than May 15 of each year. The report shall
be on a form approved by the administrator, signed by an authorized
officer or agent of the corporation, and contain all of the
following information:
(a) The name of the corporation.
(b)
The name of its the
corporation's resident agent and
address of its registered office in this state.
(c)
The names and addresses of its the
corporation's
president, secretary, treasurer, and directors.
(d)
General The general nature and kind of business in which
the corporation is engaged.
(e) For each foreign corporation authorized to transact
business in this state, the total number of authorized shares and
the most recent percentage used in computation of the tax required
by the Michigan business tax act, 2007 PA 36, MCL 208.1101 to
208.1601.
(f) For each professional corporation, the names and addresses
of its shareholders and a certification that both of the following
are met:
(i) Each shareholder is a licensed person in 1 or more of the
professional services provided by the professional corporation.
(ii) The corporation meets the other requirements of chapter
2A.
(2) A corporation that is a benefit corporation shall include
the annual benefit report that is required under section 961 with
its report under subsection (1).
(3) (2)
A corporation that is formed
or authorized to do
business on or after January 1 and before May 16 of a calendar year
is not required to file the report described in subsection (1) for
that calendar year.
(4) (3)
If there are no changes in the
information provided in
the last filed report required under subsection (1), the
corporation may file a report that certifies to the administrator
that no changes in the required information have occurred since the
last filed report. A report filed under this subsection shall be on
a form approved by the administrator and filed no later than the
date
required under this section. 911.A
corporation that is a
benefit corporation that files a report under this subsection shall
include the annual benefit report that is required under section
961 with that report.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.
Enacting section 2. This amendatory act does not take effect
unless all of the following bills of the 99th Legislature are
enacted into law:
(a) Senate Bill No. ____ or House Bill No. 5872 (request no.
00377'17).
(b) Senate Bill No. ____ or House Bill No. 5867 (request no.
00829'17).
(c) Senate Bill No. ____ or House Bill No. 5868 (request no.
00830'17).