{"data":{"id":"us-mi/mich.-comp.-laws-450.2833","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.2833","heading":"Dissolved corporation; continuation of corporate existence; conduct of affairs.","body":"Sec. 833.\n\nExcept as a court may otherwise direct, a dissolved corporation shall continue its corporate existence but shall not conduct affairs except for the purpose of winding up its affairs by:\n\nCollecting its assets.\n\nSelling or otherwise transferring, with or without security, assets which are not to be distributed in kind pursuant to section 855.\n\nPaying its debts and other liabilities.\n\nDoing all other acts incident to liquidation of its affairs.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-2833","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"64664bbf5793edfcb2173883f5e62131253a26aea5e6e5f0843f9c402c357250","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.2831","next":"us-mi/mich.-comp.-laws-450.2834"},"notice":"GroundRules: Original legal text. Not legal advice."}