Michigan Compiled Laws, Chapter 450. Corporations § 450.211

1.

Executive Order 1972-2 is hereby rescinded and the transfers ordered therein are superseded by the following provisions.

2.

The Corporation Division is hereby transferred from the Department of Treasury to the Department of Commerce.

3.

All powers, functions, duties and responsibilities of the Corporation Division and Franchise Fee Division with the exception of those relating to the determination of the annual franchise fee imposed on profit corporations, being sections 4, 4b, 4c, 5, 5a, 5b, 5c, 5d, 5e, 8, 9, and 10 of Act No. 85 of the Public Acts of 1921, as amended, are hereby transferred by a Type II transfer to the Department of Commerce.

4.

All personnel and unexpended balances of appropriations, allocations, and other funds used, held, employed, available, or to be made available to the Corporation Division are transferred to the Department of Commerce.

5.

In effectuating this transfer, and in the subsequent administration of the acts herein referred to, the Departments of Commerce and Treasury shall develop such internal administrative rules and procedures consistent herewith as will effectuate the purpose of this order.

6.

In fulfillment of the requirements of Article V, Section 2 of the Michigan Constitution, the provisions of this Order shall become effective July 1, 1972.