Mich. Comp. Laws § 450.186e
Current through Public Act 190 of the 2024 Legislative Session
Should any such corporation cease to operate or become unable to usefully serve the purpose of its organization, the legislature may by law provide for the winding up of its affairs and for the conservation and disposition of its property in such way as may best promote and perpetuate the purposes for which such corporation was originally organized.
MCL 450.186e