{"data":{"id":"us-mi/mich.-comp.-laws-450.3055","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.3055","heading":"Foreign corporation conducting affairs in state without certificate of authority; penalty.","body":"Sec. 1055.\n\nIn addition to any other liability imposed by law, a foreign corporation conducting affairs 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 conducted affairs 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.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-3055","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"de86266e572e4946b7fe9fc20380f52fdddf3ca22a0a5421f9f85b2330dac039","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.3051","next":"us-mi/mich.-comp.-laws-450.3060"},"notice":"GroundRules: Original legal text. Not legal advice."}
