Michigan Laws 10.81 – Definitions
Current as of: 2023 | Check for updates
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As used in this act:
(a) “Energy advisory committee” means the committee created under section 2.
Terms Used In Michigan Laws 10.81
- 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.
- Energy advisory committee: means the committee created under section 2. See Michigan Laws 10.81
- Energy resource: means electricity, natural gas, synthetic gas, a petroleum product including a liquefied petroleum gas, coal, wood fuel, geothermal source, hydropower, nuclear material, or other source producing power or heat. See Michigan Laws 10.81
- Energy shortage: means lack of adequate available energy resources in the state, or any part of the state, as determined by the energy advisory committee or the governor. See Michigan Laws 10.81
- 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.
- Person: means an individual, partnership, corporation, organization, or association of any kind. See Michigan Laws 10.81
- 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
(b) “Energy emergency” means a condition of danger to the health, safety, or welfare of the citizens of this state due to an impending or present energy shortage.
(c) “Energy resource” means electricity, natural gas, synthetic gas, a petroleum product including a liquefied petroleum gas, coal, wood fuel, geothermal source, hydropower, nuclear material, or other source producing power or heat.
(d) “Energy resource supplier” means a person who furnishes an energy resource for the public at the wholesale or retail level.
(e) “Energy shortage” means lack of adequate available energy resources in the state, or any part of the state, as determined by the energy advisory committee or the governor.
(f) “Person” means an individual, partnership, corporation, organization, or association of any kind.