Michigan § 450.2042 - Certificate of authority; revocation; notice; certificate of revocation; effect.
Full text of Michigan Michigan Compiled Laws § 450.2042 — Certificate of authority; revocation; notice; certificate of revocation; effect., with citation guidance and answers to common questions.
§ 450.2042. Certificate of authority; revocation; notice; certificate of revocation; effect.
(1) The administrator shall revoke a certificate of authority of a foreign corporation only if he or she has given the foreign corporation at least 90 days' notice, by mail or by electronic transmission under subsection (2), that a default under section 1041 exists and that he or she will revoke its certificate of authority unless the default is cured within 90 days after the notice is mailed or electronically transmitted, and the corporation fails within the 90-day period to cure the default.
(2) The administrator may electronically transmit a notice described in subsection (1) to the resident agent of the corporation in the manner authorized by the corporation.
(3) If he or she revokes a certificate of authority under this section, the administrator shall issue a certificate of revocation and shall mail, or, if authorized by the corporation, may electronically transmit, a copy of the certificate of revocation to the resident agent of the corporation.
(4) Issuing the certificate of revocation has the same force and effect as issuing a certificate of withdrawal under section 1031.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.2042
What does Michigan Compiled Laws § 450.2042 cover?
Section 450.2042 ("Certificate of authority; revocation; notice; certificate of revocation; effect.") 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 § 450.2042?
A common citation format is "Michigan Compiled Laws § 450.2042" (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 § 450.2042 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.