Sec. 1. All audits performed by or at the direction of the department of treasury for the purpose of determining liability for a corporate franchise fee levied pursuant to former Act No. 85 of the Public Acts of 1921, and all payments received and refunds made on the basis of those audits before the repeal of former Act No. 85 of the Public Acts of 1921 are declared to be valid and to have been in fulfillment of the legislative purpose to provide for fair administration and enforcement of that act.
Mich. Comp. Laws § 450.321
Validation of certain audits
Applied in 5 court decisions — leading case Armco Steel Corp. v. Department of Treasury (1984)
Most recently applied in 161 Mich. App. 346 - Federal-Mogul Corp. v. Department of Treasury (July 1987)
1978, Act 392, Imd
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.