Michigan Compiled Laws 89-1986-1 Article 1 Short Title, Purposes, And Definitions (487.1101...487.1106)

• Section 487.1101 Short Title.
  This act shall be known and may be cited as the “Michigan BIDCO act”. History: 1986, Act 89, Imd. Eff. May 1, 1986 Compiler's...
• Section 487.1102 Purposes Of Act.
  The purposes of this act are all of the following: (a) Promote economic development by encouraging the formation of business and industrial development companies,...
• Section 487.1103 Meanings Of Words And Phrases.
  For the purposes of this act, unless the context clearly indicates otherwise, the words and phrases defined in sections 104 to 106 have the...
• Section 487.1104 Definitions; A To C.
  (1) "Affiliate" means, if used with respect to a specified person other than a natural person, a person controlling or controlled by that specified...
• Section 487.1105 Definitions; I To M.
  (1) "Incorporating statute" means the business corporation act, 1972 PA 284, MCL 450.1101 to 450.2098, the nonprofit corporation act, 1982 PA 162, MCL 450.2101...
• Section 487.1106 Definitions; O To T.
  (1) "Officer" means either of the following: (a) If used with respect to a corporation, an individual who is appointed or designated as an...

Last modified: October 10, 2016