Michigan Laws 451.2103 – Additional definitions
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Terms Used In Michigan Laws 451.2103
- Administrator: means the office of financial and insurance regulation of the department of energy, labor, and economic growth. See Michigan Laws 451.2102
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Commodity exchange act: means the commodity exchange act, 7 USC 1 to 27f. See Michigan Laws 451.2103
- Electronic signatures in global and national commerce act: means the electronic signatures in global and national commerce act, 15 USC 7001 to 7031. See Michigan Laws 451.2103
- Internal revenue code: means the internal revenue code of 1986, 26 USC 1 to 9833. See Michigan Laws 451.2103
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- National housing act: means the national housing act, 12 USC 1701 to 1750g. See Michigan Laws 451.2103
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
- Security: means a note; stock; treasury stock; security future; bond; debenture; evidence of indebtedness; certificate of interest or participation in a profit-sharing agreement; collateral trust certificate; preorganization certificate or subscription; transferable share; investment contract; voting trust certificate; certificate of deposit for a security; fractional undivided interest in oil, gas, or other mineral rights; put, call, straddle, option, or privilege on a security, certificate of deposit, or group or index of securities, including an interest in or based on the value of that put, call, straddle, option, or privilege on that security, certificate of deposit, or group or index of securities; put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency; an investment in a viatical or life settlement agreement; or, in general, an interest or instrument commonly known as a "security"; or a certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing. See Michigan Laws 451.2102c
- Statute: A law passed by a legislature.
(1) Subject to subsection (2), as used in this act:
(a) “Commodity exchange act” means the commodity exchange act, 7 USC 1 to 27f.
(b) “Electronic signatures in global and national commerce act” means the electronic signatures in global and national commerce act, 15 USC 7001 to 7031.
(c) “Employee retirement income security act of 1974″ means the employee retirement income security act of 1974, Public Law 93-406.
(d) “Internal revenue code” means the internal revenue code of 1986, 26 USC 1 to 9833.
(e) “Investment advisers act of 1940” means the investment advisers act of 1940, 15 USC 80b-1 to 80b-21.
(f) “Investment company act of 1940” means the investment company act of 1940, 15 USC 80a-1 to 80a-64.
(g) “National housing act” means the national housing act, 12 USC 1701 to 1750g.
(h) “Public utility holding company act of 1935” means the public utility holding company act of 1935, 15 USC 79 to 79z-6.
(i) “Securities act of 1933” means the securities act of 1933, 15 USC 77a to 77aa.
(j) “Securities exchange act of 1934” means the securities exchange act of 1934, 15 USC 78a to 78nn.
(k) “Securities investor protection act of 1970” means the securities investor protection act of 1970, 15 USC 78aaa to 78lll.
(l) “Securities litigation uniform standards act of 1998″ means the securities litigation uniform standards act of 1998, Public Law 105-353, 112 Stat. 3227.
(m) “Small business investment act of 1958” means the small business investment act of 1958, Public Law 85-699.
(2) A reference in this act to a federal statute defined in subsection (1) includes that statute and the rules and regulations adopted under that statute. The administrator may, by rule or order, adopt an amendment or successor to a federal statute defined in subsection (1) or rules and regulations adopted under a federal statute defined in subsection (1), a federal statute that is similar to a federal statute defined in subsection (1), or a rule or regulation that is similar to a rule or regulation adopted under a federal statute defined in subsection (1).