Michigan Compiled Laws Act 55 Of 1994 Confidential Research And Investment Information Act (390.1551 - 390.1557)

AN ACT to protect from public disclosure certain information obtained in research and related activities of public universities and colleges; to protect from public disclosure certain investment information received by a public university or college from an investment fiduciary or portfolio company; and to prescribe certain duties of public universities and colleges.

History: 1994, Act 55, Imd. Eff. Apr. 5, 1994 ;-- Am. 2004, Act 86, Imd. Eff. Apr. 22, 2004

Section 390.1551 Short Title.
This act shall be known and may be cited as the “confidential research and investment information act”. History: 1994, Act 55, Imd. Eff. Apr....
Section 390.1552 Definitions.
As used in this act: (a) “Commercial information” means information regarding the purchase and sale of goods and services, including, but not limited to,...
Section 390.1553 Information Provided To Public University Or College By Private External Source; Exemption From Disclosure; Conditions; Affirmative Duty To Notify Agencies; Applicability Of Subsection (1) To Information Regarding Sold Or Marketed Product Or Process.
(1) Except as otherwise provided in this section, trade secrets, commercial information, or financial information, including that information as it relates to computer hardware...
Section 390.1554 Information In Which Interest Held, Or Owned, Prepared, Used, Retained By, Or In Possession Of Public University Or College; Exemption From Disclosure; Applicability Of Subsection (1) To Information Regarding Sold Or Marketed Product Or Process; Applicability Of Mcl 390.1553(3).
(1) Except as otherwise provided in this section, the following information in which a public university or college holds an interest, or that is...
Section 390.1554a Records Received, Prepared, Used, Or Retained By Investment Fiduciary; Confidentiality.
(1) Subject to subsection (2), a record received, prepared, used, or retained by an investment fiduciary in connection with an investment or potential investment...
Section 390.1555 Ability To Engage In Independent Projects Not Limited.
This act does not limit the ability of a person employed by or under contract to a public university or college to engage in...
Section 390.1556 Construction Of Certain Provisions Of Act.
The provisions of this act exempting information from disclosure shall be strictly construed. History: 1994, Act 55, Imd. Eff. Apr. 5, 1994
Section 390.1557 Response To Request For Information; Procedures.
A person receiving a request under the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to...

Last modified: October 10, 2016