Sec. 122. (1) A reference in any statute of this state to parts of any act that are repealed by this act is considered to be a reference to this act, unless the context requires otherwise. (2) The following statutes do not apply to a corporation as defined in section 106: (a) 1846 RS 55, MCL 450.504 to 450.525. (b) 1955 PA 156, MCL 450.701 to 450.704. (3) The uniform voidable transactions act, 1998 PA 434, MCL 566.31 to 566.45, does not apply to distributions governed by this act.
Mich. Comp. Laws § 450.1122
References to repealed acts; statutes inapplicable to corporations defined in MCL 450.1106; uniform voidable transactions act inapplicable to distributions
Applied in 3 court decisions — leading case Gold v. Winget (In Re NM Holdings Co.) (2009)
Most recently applied in Buchwald Capital Advisors, LLC v. Papas (In re Greektown Holdings, LLC) (August 2014)
1972, Act 284, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.