Bill Text: MI HB5447 | 2021-2022 | 101st Legislature | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Businesses: business corporations; protection of corporate names; include historically black colleges and universities. Amends sec. 1 of 1929 PA 269 (MCL 430.51). TIE BAR WITH: HB 5448'21

Spectrum: Moderate Partisan Bill (Democrat 11-3)

Status: (Passed) 2021-12-15 - Assigned Pa 151'21 [HB5447 Detail]

Download: Michigan-2021-HB5447-Engrossed.html

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL NO. 5447

October 20, 2021, Introduced by Reps. Tate, Hornberger, Posthumus, Meerman, Manoogian, Breen, Tyrone Carter, Bolden, Rogers, Sowerby, Lasinski, Cavanagh, Scott and Stone and referred to the Committee on Education.

A bill to amend 1929 PA 269, entitled

"An act to protect benevolent, humane, fraternal or charitable corporations in the use of their names and emblems; to provide penalties for the violation thereof; and to repeal Act No. 255 of the Public Acts of 1909,"

by amending section 1 (MCL 430.51).

the people of the state of michigan enact:

Sec. 1. (1) No A person, society, association, or corporation shall not assume, adopt, or use the name of a benevolent, humane, fraternal, or charitable organization, including an educational corporation, incorporated under the laws of this or any other state, or of the United States, or a name so nearly resembling the name of such the incorporated organization as to be a colorable imitation thereof, of the incorporated organization's name, or calculated to deceive persons not members, with respect to such corporation. In all cases where the incorporated organization. If 2 or more of such societies, associations, or corporations claim the right to the same name, or to names that are substantially similar, as above provided, the organization which that was first organized and used the name, and first became incorporated under the laws of the United States or of any state of the United States, shall be is entitled in this state to the prior and exclusive use of such the name, and the rights of such the societies, associations, or corporations, and of their individual members, shall be fixed and determined accordingly.

(2) A person, society, association, or corporation shall not assume, adopt, or use the designation "historically black college or university" unless the person, society, association, or corporation is a part B institution as that term is defined under 20 USC 1061, or an educational corporation that was reopened under section 171 of 1931 PA 327, MCL 450.171.

Enacting section 1. This amendatory act does not take effect unless Senate Bill No.____ or House Bill No. 5448 (request no. 04350'21 *) of the 101st Legislature is enacted into law.

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