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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 600.4531: Judgment against corporation; restraint; receiver; accounting; distribution of assets; duty of attorney general.

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Where this section sits in the code
  1. MI Code
  2. Chapter 600
  3. Act Act-236-of-1961

Sec. 4531.

Whenever any such judgment is rendered, any court having equity jurisdiction has the same powers to restrain the corporation against which it is rendered; to appoint a receiver of its property and effects; and to take an account and make distribution thereof among its creditors, as in the case of the voluntary dissolution of a corporation, and the attorney general shall, immediately after the rendering of any such judgment, institute proceedings for that purpose.

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

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