Michigan § 450.1921 - Neglecting or refusing to file report or pay fee; penalty; exception; waiver.
Full text of Michigan Michigan Compiled Laws § 450.1921 — Neglecting or refusing to file report or pay fee; penalty; exception; waiver., with citation guidance and answers to common questions.
§ 450.1921. Neglecting or refusing to file report or pay fee; penalty; exception; waiver.
If a domestic or foreign corporation neglects or refuses to file a report or pay a fee required by this act within the time specified, the corporation, in addition to its liability for the fee, is subject to a penalty of $10.00 for each month or part of a month that the corporation is delinquent, not to exceed $50.00.
The penalty prescribed in this section shall not apply during an extension granted pursuant to section 923.
As to penalties assessed under this section, the administrator may waive the assessment of the penalties in whole or in part where it appears the assessment of the penalties would constitute an improper and inequitable imposition upon the corporation and the administrator finds the waiver of such penalties to be in the public interest.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.1921
What does Michigan Compiled Laws § 450.1921 cover?
Section 450.1921 ("Neglecting or refusing to file report or pay fee; penalty; exception; waiver.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 450.1921?
A common citation format is "Michigan Compiled Laws § 450.1921" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 450.1921 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.