Michigan Laws 445.14 – Definitions; O to S
Current as of: 2023 | Check for updates
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(1) “Office” means the office of business permits created in section 5.
(2) “Permit” means any state agency permit, license, certificate, approval, registration, or similar form of permission required by law or state agency rule for the formation and operation of a sole proprietorship, partnership, or corporation. Permit includes a permit issued pursuant to the public health code, Act No. 368 of the Public Acts of 1978, as amended, being section 333.1101 to 333.25211 of the Michigan Compiled Laws. Permit does not include the issuance of any occupational license required for the practicing of a trade or a profession that pertains to a business undertaking.
Terms Used In Michigan Laws 445.14
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(3) “Person” means a sole proprietorship, partnership, association, corporation, or other organization required to obtain 1 or more permits.
(4) “State agency” means any agency, department, board, bureau, commission, division, office, or council of the state, or a public corporation or authority at least 1 of whose members is appointed by the governor.