Fee for privilege of exercising franchises in state.
MCL 450.3061
in effect450.3061. Fee for privilege of exercising franchises in state.
Sec. 1061.
Every corporation organized or conducting affairs in this state shall, upon filing its articles, or, if a foreign corporation, upon filing its application for admission, pay to the administrator a fee of $10.00 for the privilege of exercising its franchises within this state, upon such organization or admission as the case may be.
1982, Act 162, Eff. Jan. 1, 1983
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-450-3061Fetched: 10/20/2026
