Michigan § 450.3002 - Foreign corporation receiving certificate of authority under act; rights and privileges; duties, restrictions, penalties, and liabilities.
Full text of Michigan Michigan Compiled Laws § 450.3002 — Foreign corporation receiving certificate of authority under act; rights and privileges; duties, restrictions, penalties, and liabilities., with citation guidance and answers to common questions.
§ 450.3002. Foreign corporation receiving certificate of authority under act; rights and privileges; duties, restrictions, penalties, and liabilities.
(1) A foreign corporation that receives a certificate of authority under this act, until a certificate of revocation or of withdrawal is issued under this act, has the same rights and privileges as a domestic corporation organized for the purposes contained in the application under which the certificate of authority is issued. Except as otherwise provided in this act, the corporation is subject to the same duties, restrictions, penalties, and liabilities of a similar domestic corporation.
(2) This act does not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.3002
What does Michigan Compiled Laws § 450.3002 cover?
Section 450.3002 ("Foreign corporation receiving certificate of authority under act; rights and privileges; duties, restrictions, penalties, and liabilities.") 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 § 450.3002?
A common citation format is "Michigan Compiled Laws § 450.3002" (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 § 450.3002 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.