491.56  Expiration and closing of business.

Corporations whose charters expire by limitation or the voluntary act of the stockholders may nevertheless continue to act for the purpose of winding up their affairs.

Section History: Early form

  [C51, § 694; R60, § 1171; C73, § 1080; C97, § 1629; C24, 27, 31, 35, 39, § 8392; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 491.56]

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