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Section 450.211 Corporation Division; Transfer.

MI Comp L § 450.211 (2019) (N/A)
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WHEREAS, the functions and responsibilities of the Corporation Division and Corporation Franchise Fee Division were transferred by Act 380 of the Public Acts of 1965, as ameWHEREAS, the functions and responsibilities of the Corporation Division and Corporation Franchise Fee Division were transferred by Act 380 of the Public Acts of 1965, as amended by Act 324 of 1966, to the Department of Treasury; andWHEREAS, it is recognized that in the interests of economy, efficiency, and good government, it is necessary to effectuate change in the internal organization of the Executive branch of government;THEREFORE, I, WILLIAM G. MILLIKEN, Governor of the State of Michigan, pursuant to the authority vested in me by Article V, Section 2 of the Constitution of 1963, do hereby order and direct that: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 Executive Order 1972-2 is hereby rescinded and the transfers ordered therein are superseded by the following provisions.2.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.nded by Act 324 of 1966, to the Department of Treasury; and

WHEREAS, it is recognized that in the interests of economy, efficiency, and good government, it is necessary to effectuate change in the internal organization of the Executive branch of government;

THEREFORE, I, WILLIAM G. MILLIKEN, Governor of the State of Michigan, pursuant to the authority vested in me by Article V, Section 2 of the Constitution of 1963, do hereby order and direct that:

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.

History: 1972, E.R.O. No. 1972-4, Eff. July 1, 1972 Compiler's Notes: Act 85 of 1921, referred to in this section, was repealed by Act 144 of 1954, Act 284 of 1972, and Act 230 of 1975.

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Section 450.211 Corporation Division; Transfer.