Michigan Laws 445.611 – Definitions
Current as of: 2023 | Check for updates
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For purposes of this act:
(a) “Customer” means a person who causes a moldbuilder to fabricate, cast, or otherwise make a die, mold, or form for use in the manufacture, assembly, or fabrication of plastic parts, or a person who causes a molder to use a die, mold, or form to manufacture, assemble, or fabricate a plastic product.
Terms Used In Michigan Laws 445.611
- 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.
- person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
(b) “Moldbuilder” means a person who fabricates, casts, or otherwise makes, repairs, or modifies a die, mold, or form for use in the manufacture, assembly, or fabrication of plastic parts.
(c) “Molder” means a person who uses a die, mold, or form to manufacture, assemble, or fabricate plastic parts.
(d) “Person” means an individual, firm, partnership, association, corporation, limited liability company, or other legal entity.