Sec. 1. Notwithstanding any other provision of law, the term of existence of every domestic corporation heretofore incorporated or hereafter incorporating under any law of this state may be perpetual or may be for a limited period of time, as fixed by its articles, or amendment thereto made before the expiration of its corporate term, or by a certificate of extension of its corporate term, or by a certificate of renewal of its corporate term.
Mich. Comp. Laws § 450.371
Domestic corporations; terms of existence
Applied in 1 court decision — leading case 307 Mich. App. 402 - Hogg v. Four Lakes Association, Inc (2014)
Most recently applied in 307 Mich. App. 402 - Hogg v. Four Lakes Association, Inc (October 2014)
1963, 2nd Ex
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.