Terms Used In Michigan Laws 125.1611

  • 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.
  • Corporation: means a corporation organized pursuant to this act. See Michigan Laws 125.1603
  • Governing body: means the body in which the legislative powers of a municipality are vested. See Michigan Laws 125.1603
  • Municipality: means a county, city, village, or township. See Michigan Laws 125.1603
  • Project: means land or an interest in land, existing or planned improvements, machinery, furnishings, or equipment suitable for use by any of the following:
  (i) An industrial or commercial enterprise, including agricultural and forestry enterprises and enterprises designed to produce energy from renewable resources. See Michigan Laws 125.1603
   The governing body of the municipality for which the corporation is incorporated after a public hearing with notice of the public hearing given in accordance with section 17 may consider and approve amendments, by resolution, to the project plan. The corporation shall comply with local ordinances and resolutions.