Michigan Compiled Laws Act 593 Of 2002 Michigan Next Energy Authority Act (207.821 - 207.827)

AN ACT to create and provide for the operation of the Michigan next energy authority; to provide for the powers and duties of the authority; to promote alternative energy technology and economic growth; and to exempt property of an authority from tax.

History: 2002, Act 593, Imd. Eff. Oct. 17, 2002

Section 207.821 Short Title.
This act shall be known and may be cited as the “Michigan next energy authority act”. History: 2002, Act 593, Imd. Eff. Oct. 17,...
Section 207.822 Definitions.
As used in this act: (a) "Advanced battery cell" means a rechargeable battery cell with a specific energy of not less than 80 watt...
Section 207.823 Michigan Next Energy Authority; Creation; Powers And Duties; Contract; Records And Accounts.
(1) There is created by this act a public body corporate and politic known as the Michigan next energy authority. The authority shall be...
Section 207.824 Powers And Duties Of Board.
(1) An authority created under this act is governed by a board consisting of the members of the authority under the Michigan economic growth...
Section 207.825 Powers And Duties Of Authority.
(1) Except as otherwise provided in this act, the authority may do all things necessary to implement the purposes of this act, including, but...
Section 207.826 Tax Exemption.
The authority created under this act shall be exempt from and shall not be required to pay taxes on property, both real and personal,...
Section 207.827 Construction Of Act.
This act shall be construed liberally to effectuate the legislative intent and its purposes. All powers granted shall be cumulative and not exclusive and...

Last modified: October 10, 2016