GroundRules
← Search the law
Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 450.2055: Penalty for transacting business without certificate of authority.

Read at publisher ↗
Where this section sits in the code
  1. MI Code
  2. Chapter 450
  3. Act Act-284-of-1972

Sec. 1055.

In addition to any other liability imposed by law, a foreign corporation transacting business in this state without a certificate of authority shall forfeit to the state a penalty of not less than $100.00, nor more than $1,000.00, for each calendar month, not more than 5 years prior thereto, in which it has transacted business in this state without a certificate of authority. This penalty shall not exceed $10,000.00. The penalty shall be recovered with costs in an action prosecuted by the attorney general.

Collected 2026-09-14T18:32:31Z. Source file · JSON

Browse this collection