§ 38.1001 Retirement system; creation
§ 38.1002 Michigan legislative retirement system; name
§ 38.1003 Construction of terms
§ 38.1004 “Retirement system” defined
§ 38.1005 Board; definition
§ 38.1006 “Member” defined
§ 38.1007a “Direct rollover” and “distributee” defined
§ 38.1008a Definitions
§ 38.1009 “Salary” defined
§ 38.1011 “Service” defined; election to receive military service credit; effect of membership in retirement system
§ 38.1012 “Retirement allowance” defined
§ 38.1013 “Retirant” defined
§ 38.1013a “Survivor,””eligible child,” and “surviving spouse” defined
§ 38.1014 “Refund beneficiary” defined
§ 38.1015 Actuarial tables; definition
§ 38.1016 Prescribed rate of interest; definition
§ 38.1017 “Fiscal year” defined
§ 38.1017a “Deferred vested member” defined
§ 38.1017b “Leadership position” defined
§ 38.1017c “Legislator” defined
§ 38.1017d “Tier 1” and “Tier 2” defined
§ 38.1018 Legislator or lieutenant governor; membership in retirement system; notice of election not to participate; refund of contributions; effect of notice; rescission of notice; contributions and interest;
§ 38.1020 Members’ retirement fund; creation; purpose; computing retirement reserves for retirement allowances; financing; state’s appropriations for current service, accrued service, and retirement allowances;
§ 38.1021 Members’ savings fund; creation; purpose; contributions; rate; additional contributions; payroll deductions; transfer of contributions upon retirement or death
§ 38.1021a Member contributions picked up by state
§ 38.1022 Survivors’ retirement fund; creation; purpose; contributions; rate; payroll deductions; computing retirement reserves for retirement allowances; financing; state’s appropriations for survivors’ retire
§ 38.1022a Income fund; creation; purpose; interest, dividends, and other income; expenses
§ 38.1022b Prorating and allocating annual appropriations to retirement system
§ 38.1022c Health insurance fund; creation; disposition; disbursement; contributions; payroll deductions; nonrefundable
§ 38.1023 Requirements for entitlement to retirement allowance; right to allowance; amount; recalculation of retirement allowance; election to defer receipt of retirement allowance; computation of retirement al
§ 38.1023b Retirant or deferred vested member again becoming legislator or lieutenant governor; election to again become member; notice; conditions; nonpayment of retirement allowance; declining to again become
§ 38.1023c Increase of retirement allowance
§ 38.1023d Disabled member; retirement allowance; annual examination
§ 38.1023e Supplemental payments for retirants or retirement allowance beneficiaries with retirement allowance effective date before January 1, 1979; future adjustments
§ 38.1024 Survivor’s retirement allowance; eligibility; duration, commencement, and rate; status of adopted child; payments to eligible child; effect of marriage or attainment of ineligible age; payment of surv
§ 38.1024a Remarriage of surviving spouse
§ 38.1025 Retirement system as trust; board as fiduciary; nonapplicability to Tier 2 retirement plan
§ 38.1026 Retirement system; board of trustees; membership; eligibility and terms; oath of office
§ 38.1027 First board of trustees; organizational meeting, election of officers
§ 38.1028 Vacancy in trusteeship
§ 38.1029 Trustees; compensation and expenses
§ 38.1030 Board of trustees; quorum, proxy
§ 38.1031 Board of trustees; powers and duties
§ 38.1032 Board of trustees; regular and special meetings; conducting business at public meeting; notice of meeting
§ 38.1033 Board of trustees; authority as to retirement allowances, suspensions and refunds
§ 38.1034 Board of trustees; certification of prescribed interest rate; adoption of actuarial tables
§ 38.1035 Board of trustees; estimate of appropriation
§ 38.1036a Reinstatement of suspended contributions
§ 38.1038 Board of trustees; offices; books and records; availability of certain writings to public
§ 38.1039 Board of trustees; appointment of secretary and administrative personnel
§ 38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data
§ 38.1041 Board of trustees; audit of accounts; annual statement
§ 38.1042 Acceptance of gift, grant, or bequest by board
§ 38.1043 Individual statement
§ 38.1044 Rules and bylaws
§ 38.1045 Secretary of board; powers and duties
§ 38.1046 Actuary; technical advisor of board, powers and duties
§ 38.1047 State treasurer as ex officio treasurer of retirement system; duties
§ 38.1048 Warrants
§ 38.1049 Payroll voucher
§ 38.1050 Investment and reinvestment of cash assets; nonapplicability to Tier 2
§ 38.1050a Grants and insurance revolving fund; creation; purpose; expenditures; payments to fund by payroll deductions; purchase and payment of premiums on life insurance policies
§ 38.1050b Hospitalization, medical, dental, and vision coverage; purchase; payment of premiums; manner
§ 38.1051 Investment of retirement system funds; ownership by system; registration; recording; nonapplicability to Tier 2
§ 38.1052 Board of trustees and employees; interest in investments prohibited; violation of section, penalty
§ 38.1053 Vested interest in refunds; payment of member contributions; discharge of claims
§ 38.1054 Payments as obligations of state; disposition of revenues
§ 38.1055 Refund of contributions with interest; request; forfeiture; service credit upon resumption of membership; designation of beneficiary; payment of contributions with interest
§ 38.1056 Undivided interest in assets of system
§ 38.1057 Retirement allowances, benefits, and credits not subject to taxation; subject to taxation beginning January 1, 2012; subject to public employee retirement benefit protection act
§ 38.1058 Retirement system records; falsification, penalty
§ 38.1058a Correction of error; adjustment of payment
§ 38.1059 Payment of benefits; commencement
§ 38.1059a Retirement system as qualified pension plan; administrative requirements and benefit limitations; qualified military service
§ 38.1060 Short title
§ 38.1061 Election to terminate membership in Tier 1 and become qualified participant in Tier 2; election by deferred vested member or former nonvested member; election as irrevocable; rights and duties; method
§ 38.1062 Election to terminate membership in retirement system under MCL 38.1061(1) and (2); transfer of lump sum amount; recomputation; calculation; basis; utilization of actuarial valuation report; notificat
§ 38.1063 Calculation of accrued cost savings; submission of total amount in executive budget to legislature; appropriation
§ 38.1064 Meanings of words and phrases; “accumulated balance” defined
§ 38.1065 “Employer,””former qualified participant,” and “health benefit dependent” defined
§ 38.1066 “Qualified participant,””refund beneficiary,” and “state treasurer” defined
§ 38.1067 Administration and investment of Tier 2 by state treasurer; state treasurer as fiduciary and trustee; appointment of advisory board; determination of provisions and procedures; authority and responsib
§ 38.1068 Hearing
§ 38.1069 Accumulated employer and employee contributions and earnings; direction of investment; limitations inapplicable to Tier 2
§ 38.1070 Tier 2; payment of administrative expenses
§ 38.1071 Participation in other public sector retirement benefits plan
§ 38.1072 Individual becoming legislator or lieutenant governor on or after March 31, 1997; notice of election
§ 38.1073 Election to terminate membership in Tier 1; crediting Tier 2 account; charging Tier 2 account for excess transfers
§ 38.1074 Section subject to vesting requirements; Tier 2 contributions by employer and qualified participant; limitations
§ 38.1075 Tier 2; vesting requirements and schedule; health care coverage; vesting requirements
§ 38.1076 Crediting years of accrued service
§ 38.1077 Refund beneficiary; nomination
§ 38.1078 Distribution of accumulated balance
§ 38.1079 Health insurance coverage; election; eligibility
§ 38.1080 Distributions; exemption from tax; subject to public employee retirement benefit protection act; right of setoff to recover overpayment and satisfy claims; correction of errors in records and actions

Terms Used In Michigan Laws > Chapter 38 > Act 261 of 1957 - Michigan Legislative Retirement System Act

  • Academic year: means the period from September 1 of a calendar year to August 31 of the next calendar year. See Michigan Laws 390.1622
  • Account: means either of the 2 accounts created under section 7706. See Michigan Laws 500.7705
  • Accredited: means approved by an accrediting body recognized by the United States Department of Education. See Michigan Laws 390.1692
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Advisory board: means the Michigan iron industry museum advisory board created by section 3. See Michigan Laws 399.72
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affiliate: means an entity that, directly or indirectly, through 1 or more intermediaries, controls, is controlled by, or is under common control with another entity. See Michigan Laws 125.2090l
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Agreement: means a district library agreement required by section 3 or the agreement governing a district library established under former 1955 PA 164. See Michigan Laws 397.172
  • Agricultural land: means substantially undeveloped land devoted to the production of plants and animals useful to humans, including, but not limited to, forage and sod crops, grains, feed crops, field crops, dairy products, poultry and poultry products, livestock, herbs, flowers, seeds, grasses, nursery stock, fruits, vegetables, Christmas trees, and other similar uses and activities. See Michigan Laws 125.3102
  • Airport: means an airport licensed under section 86 of the aeronautics code of the state of Michigan, 1945 PA 327, MCL 259. See Michigan Laws 125.3102
  • Airport manager: means that term as defined in section 2 of the aeronautics code of the state of Michigan, 1945 PA 327, MCL 259. See Michigan Laws 125.3102
  • Airport zoning regulations: means airport zoning regulations under the airport zoning act, 1950 (Ex Sess) PA 23, MCL 259. See Michigan Laws 125.3102
  • Alcoholic liquor: means that term as defined in section 105 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436. See Michigan Laws 333.13101
  • Alteration: means work that changes the detail of a resource but does not change its basic size or shape. See Michigan Laws 399.201a
  • 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.
  • annual meeting: when applied to townships, mean the annual meeting required by law to be held on the Saturday immediately preceding the first Monday in April. See Michigan Laws 8.3d
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Applicant: means the person who submits an application for a body art facility license under this part and includes the owner or operator, an agent of the owner or operator, or any other person operating under the apparent authority of the owner or operator of a body art facility that is required to be licensed under this part. See Michigan Laws 333.13101
  • Application: means a request for the placement of an official Michigan historical marker at the location of a historic resource or site and for the resource's or site's listing in the state register of historic sites. See Michigan Laws 399.152
  • Applied research: means translational research conducted with the objective of attaining a specific benefit or to solve a practical problem, or other research activity that seeks to utilize, synthesize, or apply existing knowledge, information, or resources to the resolution of a specified problem, question, or issue, with high potential for commercial application to create jobs in this state. See Michigan Laws 125.2088a
  • Appointing authority: means a court or a department, board, commission, agency, or licensing authority of this state or a political subdivision of this state or an entity that is required to provide a qualified interpreter in circumstances described under section 3a. See Michigan Laws 393.502
  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Approved: means acceptable to the department. See Michigan Laws 333.13301
  • Approved postsecondary educational institution: means any of the following:
  (i) A public or private college or university, junior college, or community college that grants degrees or certificates and is located in this state. See Michigan Laws 390.1622
  • Archives: means the archives of Michigan. See Michigan Laws 399.802
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Assets: means property, whether real, personal, mixed, tangible, or intangible, and any right or interest in the property, including all rights under contracts and other agreements. See Michigan Laws 500.5500
  • Association: means the Michigan life and health insurance guaranty association created under section 7706. See Michigan Laws 500.7705
  • Association: means an association as defined in former section 108 of the savings and loan act of 1980, former 1980 PA 307. See Michigan Laws 400.171
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Authority: means a promise zone authority created under this act. See Michigan Laws 390.1663
  • Authority: means the automobile theft prevention authority. See Michigan Laws 500.6101
  • Authorization: means either of the following:
  •   (i) An authorization from the department under section 4(1) to participate in a reciprocal agreement. See Michigan Laws 390.1692
  • authorized: when used in the context of assessments means a resolution or motion passed by the association's board of directors that directs that an assessment be called immediately or in the future from member insurers for a specific amount. See Michigan Laws 500.7705
  • Authorized business: means an eligible business that has met the requirements of this chapter and with which the fund has entered into a written agreement for withholding tax capture revenues pursuant to this chapter and section 51f of the income tax act of 1967, 1967 PA 281, MCL 206. See Michigan Laws 125.2090g
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Basic research: means any original investigation for the advancement of scientific or technological knowledge that will enhance the research capacity of this state in a way that increases the ability to attract to or develop companies, jobs, researchers, or students in this state. See Michigan Laws 125.2088a
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Benefit contract: means the agreement for provision of benefits authorized by section 8179, as that agreement is described in section 8182(1). See Michigan Laws 500.8161
  • Benefit member: means an adult member designated by the laws or rules of the society to be a benefit member under a benefit contract. See Michigan Laws 500.8161
  • Benefit plan: means a specific employee, union, or association of natural persons benefit plan. See Michigan Laws 500.7705
  • Bequest: Property gifted by will.
  • blighted property: means property that meets any of the following criteria:
  •   (A) Has been declared a public nuisance in accordance with a local housing, building, plumbing, fire, or other related code or ordinance. See Michigan Laws 125.2090a
  • Blind person: means an individual who has a visual acuity of 20/200 or less in the better eye with correction, or has a limitation of his or her field of vision such that the widest diameter of the visual field subtends an angular distance not greater than 20 degrees, as determined by the commission. See Michigan Laws 393.351
  • Board: means a district library board. See Michigan Laws 397.172
  • Board: means the board of directors of the Michigan strategic fund, except where the context clearly requires a different definition. See Michigan Laws 125.2004
  • Board: means the governing body of an authority. See Michigan Laws 390.1663
  • Board: means the board of directors of the automobile theft prevention authority. See Michigan Laws 500.6101
  • Board: means the board of trustees of the multiple employer welfare arrangement security fund. See Michigan Laws 500.7001
  • Board: means the board of trustees of the library created in section 4. See Michigan Laws 397.12
  • Body art facility: means the location at which an individual does 1 or more of the following:
  •   (i) Performs tattooing. See Michigan Laws 333.13101
  • Body piercing: means the perforation of human tissue other than an ear for a nonmedical purpose. See Michigan Laws 333.13101
  • Branding: means a permanent mark made on human tissue by burning with a hot iron or other instrument. See Michigan Laws 333.13101
  • called: when used in the context of assessments means that a notice has been issued by the association to member insurers requiring that an authorized assessment be paid within the time frame set forth within the notice. See Michigan Laws 500.7705
  • Capital: means the capital stock component of statutory surplus, as defined in the National Association of Insurance Commissioners Accounting Practices and Procedures Manual, version effective January 1, 2001, and subsequent revisions. See Michigan Laws 500.5500
  • Cash reserves: means federally guaranteed obligations that have a fixed recoverable principal amount or an irrevocable and unconditional letter of credit. See Michigan Laws 500.7001
  • Casino: means that term as defined in section 2 of the Michigan gaming control and revenue act, 1996 IL 1, MCL 432. See Michigan Laws 333.12601
  • Casino: means a casino regulated by this state under the Michigan gaming control and revenue act, 1996 IL 1, MCL 432. See Michigan Laws 125.2090g
  • Center: means the Michigan history center established in the Michigan history center act, 2016 PA 470, MCL 399. See Michigan Laws 399.152
  • Center: means the Michigan history center. See Michigan Laws 399.802
  • Center: means the center for educational performance and information created in section 94a of the school aid act of 1979, 1979 PA 94, MCL 388. See Michigan Laws 390.1703
  • Certificate: means the document issued as written evidence of a benefit contract. See Michigan Laws 500.8161
  • Certificate of appropriateness: means the written approval of a permit application for work that is appropriate and that does not adversely affect a resource. See Michigan Laws 399.201a
  • Chambers: A judge's office.
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Chief administrative official: means the manager or other highest nonelected administrative official of a city or village. See Michigan Laws 125.3803
  • Chief elected official: means the mayor of a city, the president of a village, the supervisor of a township, or, subject to section 5, the chairperson of the county board of commissioners of a county. See Michigan Laws 125.3803
  • Cigar: means any roll of tobacco weighing 3 or more pounds per 1,000, which roll has a wrapper or cover consisting only of tobacco. See Michigan Laws 333.12601
  • Cigar bar: means an establishment or area within an establishment that is open to the public and is designated for the smoking of cigars, purchased on the premises or elsewhere. See Michigan Laws 333.12601
  • Closing date: means the date on which a rural jobs and capital investment fund has received a grant, loan, or other type of economic assistance. See Michigan Laws 125.2090l
  • College or university: means a degree or certificate granting public or private college or university, junior college, or community college. See Michigan Laws 390.1692
  • Commercialization: means the transition from research to the actions necessary to achieve market entry and general market competitiveness of new innovative technologies, processes, and products and the services that support, assist, equip, finance, or promote a person or an entity with that transition. See Michigan Laws 125.2088a
  • commercialization board: means , except as otherwise provided in this subdivision, the strategic economic investment and commercialization board created in section 88k. See Michigan Laws 125.2088a
  • commission: means the Michigan freedom trail commission created in section 3. See Michigan Laws 399.82
  • Commission: means the Michigan historical commission created in section 3 of the Michigan historical commission act, 2016 PA 469, MCL 399. See Michigan Laws 399.152
  • Commission: means a historic district commission created by the legislative body of a local unit under section 4. See Michigan Laws 399.201a
  • Commission: means the Ronald Wilson Reagan memorial monument fund commission created in section 3. See Michigan Laws 399.262
  • Commission: means the Ronald Wilson Reagan memorial monument fund commission created in the Ronald Wilson Reagan memorial monument fund commission act. See Michigan Laws 399.272
  • Commission: means the Michigan historical commission created in section 3 of the Michigan historical commission act, 2016 PA 469, MCL 399. See Michigan Laws 399.802
  • Commission: means the Michigan historical commission created in section 3. See Michigan Laws 399.832
  • Commission: means the commission for the blind. See Michigan Laws 393.351
  • Commissioner: means the director. See Michigan Laws 500.102
  • Committee: means a historic district study committee appointed by the legislative body of a local unit under section 3 or 14. See Michigan Laws 399.201a
  • Committee membership: Legislators are assigned to specific committees by their party. Seniority, regional balance, and political philosophy are the most prominent factors in the committee assignment process.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Community revitalization incentive: means a community revitalization grant, a community revitalization loan, or other economic assistance. See Michigan Laws 125.2090a
  • Competitive edge technology: means 1 or more of the following:
  •   (i) Life sciences technology. See Michigan Laws 125.2088a
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Computer: means any connected, directly interoperable or interactive device, equipment, or facility that uses a computer program or other instructions to perform specific operations, including logical, arithmetic, or memory functions with or on computer data or a computer program, and that can store, retrieve, alter, or communicate the results of the operations to a person, computer program, computer, computer system, or computer network. See Michigan Laws 397.602
  • Computer network: means the interconnection of hardwire or wireless communication lines with a computer through remote terminals, or a complex consisting of 2 or more interconnected computers. See Michigan Laws 397.602
  • Computer program: means a series of internal or external instructions communicated in a form acceptable to a computer that directs the functioning of a computer, computer system, or computer network in a manner designed to provide or produce products or results from the computer, computer system, or computer network. See Michigan Laws 397.602
  • Computer system: means a set of related, connected or unconnected, computer equipment, devices, software, or hardware. See Michigan Laws 397.602
  • Concession: means equipment or location which is being used, or may be used to sell retail confections, tobaccos, papers, periodicals, and other like merchandise, coffee, milk, soft drinks, wrapped ice cream, wrapped sandwiches, wrapped baked goods, packaged salads and other similar food items. See Michigan Laws 393.351
  • Conservation easement: means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324. See Michigan Laws 125.3102
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Controlled substance: means that term as defined in section 7104. See Michigan Laws 333.13101
  • Converted company: means a Michigan domiciled stock insurance company that results from the reorganization of a mutual company under this chapter. See Michigan Laws 500.6001
  • Converted stock company: means a Michigan domiciled stock insurance company that converted from a Michigan domiciled mutual company or a stock business corporation resulting from conversion of a mutual holding company pursuant to this chapter. See Michigan Laws 500.5901
  • Conviction: A judgement of guilt against a criminal defendant.
  • Cooperative board: means the governing board of a cooperative library. See Michigan Laws 397.552
  • Cooperative library: means the library or service center designated by a cooperative board to execute services established by a cooperative plan and provided to libraries participating in a cooperative. See Michigan Laws 397.552
  • Coordinating zoning committee: means a coordinating zoning committee as described under section 307. See Michigan Laws 125.3102
  • 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.
  • Council: means the Michigan council for arts and cultural affairs established by Executive Order No. See Michigan Laws 399.702
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • County medical care facility: means that term as defined in section 20104. See Michigan Laws 333.12601
  • Covered claim: means an obligation of an insolvent MEWA to pay a claim that is covered by the MEWA to a covered employee or dependent who is a resident of this state. See Michigan Laws 500.7001
  • Covered policy: means a policy, contract, or certificate under a group policy or contract, or portion of a group policy or contract, for which coverage is provided under section 7704. See Michigan Laws 500.7705
  • Credit union: means a domestic credit union as that term is defined in section 102 of the credit union act, 2003 PA 215, MCL 490. See Michigan Laws 400.171
  • Creditor: is a person having a claim against the insurer, whether matured or unmatured, liquidated or unliquidated, secured or unsecured, absolute, fixed, or contingent. See Michigan Laws 500.8103
  • Crime: means that term as defined in section 5 of the Michigan penal code, 1931 PA 328, MCL 750. See Michigan Laws 397.602
  • Cumulative grade point average: means the weighted mean value of the courses considered by an approved postsecondary educational institution in determining whether to award a student an associate's degree or a 2-year certificate of completion in a vocational training program, whether the student has completed a comparable vocational education program, or whether the student has completed 50% or more of the academic requirements for the award of a bachelor's degree, including any courses completed at another approved postsecondary educational institution if the student transfers the credits for those courses to the approved postsecondary educational institution making that determination. See Michigan Laws 390.1622
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • deaf interpreter: means any person, including any deaf or deaf-blind person, who is able to assist in providing an accurate interpretation between spoken English and sign language or between variants of sign language by acting as an intermediary between a deaf or deaf-blind person and a qualified interpreter. See Michigan Laws 393.502
  • Deaf-blind person: means a person who has a combination of hearing loss and vision loss, such that the combination necessitates specialized interpretation of spoken and written information in a manner appropriate to that person's dual sensory loss. See Michigan Laws 393.502
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Delinquency proceeding: means a proceeding instituted against an insurer for the purpose of liquidating, rehabilitating, reorganizing, or conserving such insurer, and a summary proceeding under section 8109 or 8110. See Michigan Laws 500.8103
  • Demolition: means the razing or destruction, whether entirely or in part, of a resource and includes, but is not limited to, demolition by neglect. See Michigan Laws 399.201a
  • Demolition by neglect: means neglect in maintaining, repairing, or securing a resource that results in deterioration of an exterior feature of the resource or the loss of structural integrity of the resource. See Michigan Laws 399.201a
  • Denial: means the written rejection of a permit application for work that is inappropriate and that adversely affects a resource. See Michigan Laws 399.201a
  • Department: means the department of history, arts, and libraries. See Michigan Laws 397.12
  • Department: means the department of education. See Michigan Laws 397.172
  • Department: means the department of history, arts, and libraries. See Michigan Laws 397.552
  • Department: means the department of history, arts, and libraries. See Michigan Laws 399.82
  • Department: means the department of natural resources. See Michigan Laws 399.152
  • Department: means the department of history, arts, and libraries. See Michigan Laws 399.201a
  • Department: means the department of state. See Michigan Laws 399.302
  • Department: means the department of history, arts, and libraries created in section 3. See Michigan Laws 399.702
  • Department: means the department of natural resources. See Michigan Laws 399.802
  • Department: means the department of natural resources. See Michigan Laws 399.832
  • Department: means the department of human services. See Michigan Laws 400.171
  • department: means the department of human services. See Michigan Laws 400.203
  • Department: means the department of insurance and financial services. See Michigan Laws 500.102
  • Department: means the department of treasury. See Michigan Laws 390.1622
  • Department: means the department of licensing and regulatory affairs. See Michigan Laws 390.1692
  • Department: means the department of labor and economic opportunity. See Michigan Laws 390.1703
  • Department: means the department of labor and economic opportunity. See Michigan Laws 390.1713
  • Department: means the department of labor. See Michigan Laws 393.351
  • Department: means the department of labor and economic opportunity. See Michigan Laws 395.101a
  • Dependent: A person dependent for support upon another.
  • Development rights: means the rights to develop land to the maximum intensity of development authorized by law. See Michigan Laws 125.3102
  • Development rights ordinance: means an ordinance, which may comprise part of a zoning ordinance, adopted under section 507. See Michigan Laws 125.3102
  • Device: includes , but is not limited to, an electronic, magnetic, electrochemical, biochemical, hydraulic, optical, or organic object that performs input, output, or storage functions by the manipulation of electronic, magnetic, or other impulses. See Michigan Laws 397.602
  • Devise: To gift property by will.
  • Director: means the director of the department. See Michigan Laws 399.702
  • Director: means the director of the department. See Michigan Laws 399.802
  • Director: means , unless the context clearly implies a different meaning, the director of the department. See Michigan Laws 500.102
  • Director: means the director of the commission. See Michigan Laws 393.351
  • Disabled individual: means any person, other than a person who is blind, who has a vocational disability. See Michigan Laws 395.82
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Distance education: means education that uses 1 or more technologies to deliver instruction to students who are separated from the instructor, and to support regular and substantive interaction between the students and the instructor, either synchronously or asynchronously. See Michigan Laws 390.1692
  • District: means the territory of the participating municipalities that is served by a district library established under this act. See Michigan Laws 397.172
  • Dividing insurer: means a domestic stock insurer that approves a plan of division pursuant to section 5505. See Michigan Laws 500.5500
  • division: means the act by operation of law by which a domestic stock insurer divides into 2 or more resulting insurers in accordance with a plan of division and this chapter. See Michigan Laws 500.5500
  • Division: means the division on deaf and hard of hearing of the department of labor and economic growth. See Michigan Laws 393.502
  • Domestic stock insurer: means a domestic stock insurer organized or created under the laws of this state. See Michigan Laws 500.5500
  • Domiciliary state: means the state in which an insurer is incorporated or organized, or, in the case of an alien insurer, its state of entry. See Michigan Laws 500.8103
  • Donor: The person who makes a gift.
  • Dry cleaning: includes dry dyeing and means the process of removing dirt, grease, paints, and other stains from wearing apparel, textiles, fabrics, and rugs by use of nonaqueous liquid solvents, including:
  •   (i) Immersion and agitation in open vessels. See Michigan Laws 333.13301
  • Dry dyeing: means the process of dyeing clothes or other fabrics of textiles in a solution of dye colors and nonaqueous solvents. See Michigan Laws 333.13301
  • Durand: means the city of Durand, a home rule city situated in Shiawassee county. See Michigan Laws 399.302
  • Earned job factor: means an amount equal to $7,500. See Michigan Laws 125.2090l
  • Economic automobile theft: means automobile theft perpetrated for financial gain. See Michigan Laws 500.6101
  • Economic development project: means an endeavor related to industrial, commercial, or agricultural enterprise. See Michigan Laws 125.2004
  • Educational facility: means a building owned, leased, or under the control of a public or private school system, college, or university. See Michigan Laws 333.12601
  • Eligible business: means a business other than a retail establishment, professional sports stadium, casino, or that portion of an eligible business used exclusively for retail sales that proposes to create 1 or more of the following:
  •   (i) A minimum of 3,000 certified new jobs in this state with an average annual wage that is equal to or greater than the prosperity region average wage. See Michigan Laws 125.2090g
  • Eligible entity: means a city, township, county, local school district, or intermediate school district, in which the percentage of families with children under age 18 that are living at or below the federal poverty level is greater than or equal to the state average of families with children under age 18 living at or below the federal poverty level, as determined by the department of treasury. See Michigan Laws 390.1663
  • Eligible institution: means a postsecondary educational institution that meets all of the following:
  •   (i) Is an accredited public community college in this state. See Michigan Laws 390.1703
  • Eligible institution: means that term as defined in the Michigan reconnect grant act, 2020 PA 84, MCL 390. See Michigan Laws 390.1713
  • Eligible investment: means 1 or more of the following, subject to a written agreement under this section, including investment that occurred prior to the approval of the application, to the extent that the project has not been completely reimbursed to or been paid for on behalf of the person requesting a community revitalization incentive under this chapter:
  •   (i) Any demolition, construction, alteration, rehabilitation, or improvement of buildings. See Michigan Laws 125.2090a
  • Eligible member: except as otherwise provided in section 5915, means a member whose policy is in force on the date the mutual company's board of directors adopts a plan of conversion. See Michigan Laws 500.5901
  • Eligible property: means property that meets 1 or more of the following conditions:
  •   (i) Is determined to be a facility. See Michigan Laws 125.2090a
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Employee welfare benefit plan: means that term as defined in section 3 of the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. See Michigan Laws 500.7001
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Executor: A male person named in a will to carry out the decedent
  • facility: means that term as defined in section 2 of the brownfield redevelopment financing act, 1996 PA 381, MCL 125. See Michigan Laws 125.2090a
  • Facility: means a site or sites within this state in which an authorized business creates certified new jobs. See Michigan Laws 125.2090g
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal poverty level: means the poverty guidelines published annually in the Federal Register by the United States Department of Health and Human Services under its authority to revise the poverty line under 42 USC 9902. See Michigan Laws 390.1663
  • Fiduciary: A trustee, executor, or administrator.
  • Financial institution: means a state or nationally chartered bank or a state or federally chartered savings and loan association, savings bank, or credit union whose deposits are insured by an agency of the United States government and that maintains a principal office or branch office in this state under the laws of this state or the United States. See Michigan Laws 125.2004
  • Fire alarm system: means a system designed to detect and annunciate the presence of fire or by-products of fire. See Michigan Laws 399.201a
  • Fiscal year: means a fiscal year of this state. See Michigan Laws 390.1622
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Food service establishment: means a food service establishment as defined in section 12905. See Michigan Laws 333.12601
  • Food stamps: means the coupons issued pursuant to the food stamp program established under the food stamp act of 1977, 7 USC 2011 to 2036a. See Michigan Laws 400.171
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Foreign country: means any other jurisdiction not in any state. See Michigan Laws 500.8103
  • Foreign guaranty association: means any similar entities now in existence or hereafter created by the legislature of any other state. See Michigan Laws 500.8103
  • Formal delinquency proceeding: means any liquidation or rehabilitation proceeding. See Michigan Laws 500.8103
  • Fraud: Intentional deception resulting in injury to another.
  • Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. Source: OCC
  • Full-time equivalent employees: means the number of salaried employment positions plus the quotient obtained by dividing the total number of hours for which employees with an hourly wage rate of at least 150% of the federal minimum wage were compensated for employment over the preceding 12-month period by 2,080 with respect to hourly employees. See Michigan Laws 125.2090l
  • Full-time job: means a full-time job as determined by the fund performed by an individual whose income and social security taxes are withheld by 1 or more of the following:
  •   (i) An authorized business. See Michigan Laws 125.2090g
  • functionally obsolete: means that the property is unable to be used to adequately perform the function for which it was intended due to a substantial loss in value resulting from factors such as overcapacity, changes in technology, deficiencies or superadequacies in design, or other similar factors that affect the property itself or the property's relationship with other surrounding property as determined by a Michigan advanced assessing officer or a Michigan master assessing officer. See Michigan Laws 125.2090a
  • Fund: means the Michigan history center operations fund created in section 8 of the Michigan history center act, 2016 PA 470, MCL 399. See Michigan Laws 399.152
  • Fund: means the Michigan council for the arts fund created in section 9. See Michigan Laws 399.702
  • Fund: means the Michigan strategic fund created under section 5, except where the context clearly requires a different definition. See Michigan Laws 125.2004
  • Fund: means the multiple employer welfare arrangement security fund. See Michigan Laws 500.7001
  • Fund board: means the board of the Michigan strategic fund described in section 5. See Michigan Laws 125.2088a
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • general assets: includes all property or its proceeds in excess of the amount necessary to discharge the sum or sums secured by the property. See Michigan Laws 500.8103
  • General election: means that term as defined in section 2 of the Michigan election law, 1954 PA 116, MCL 168. See Michigan Laws 397.172
  • Germane: On the subject of the pending bill or other business; a strict standard of relevance.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Governing body: means the elected body of an eligible entity that has legislative powers. See Michigan Laws 390.1663
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • grant: means a grant that is approved under section 90b and that is subject to requirements in section 90c. See Michigan Laws 125.2090a
  • Greenway: means a contiguous or linear open space, including habitats, wildlife corridors, and trails, that links parks, nature reserves, cultural features, or historic sites with each other, for recreation and conservation purposes. See Michigan Laws 125.3102
  • Growth investment: means any capital or equity investment in a qualified business or any loan to a qualified business with a stated maturity at least 1 year after the date of issuance. See Michigan Laws 125.2090l
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guaranty association: means the Michigan property and casualty guaranty association, the worker's compensation self-insurance security fund, the Michigan life and health insurance guaranty association, and any other similar entity now or hereafter created by the legislature of this state for the payment of claims of insolvent insurers. See Michigan Laws 500.8103
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Harmful to minors: means that term as defined in section 4 of 1978 PA 33, MCL 722. See Michigan Laws 397.602
  • Health facility: means a health facility or agency licensed under article 17, except a home for the aged, nursing home, county medical care facility, hospice, or hospital long-term care unit. See Michigan Laws 333.12601
  • Health insurance: means disability insurance as described in section 606. See Michigan Laws 500.7705
  • Health maintenance organization: means that term as defined in section 3501. See Michigan Laws 500.106
  • High school graduate: means an individual who has received a high school diploma from a high school or passed the general educational development (GED) diploma test or any other high school graduate equivalency examination approved by the state board of education. See Michigan Laws 390.1622
  • Historic district: means an area, or group of areas not necessarily having contiguous boundaries, that contains 1 resource or a group of resources that are related by history, architecture, archaeology, engineering, or culture. See Michigan Laws 399.201a
  • Historic preservation: means the identification, evaluation, establishment, and protection of resources significant in history, architecture, archaeology, engineering, or culture. See Michigan Laws 399.201a
  • Historic resource: means a publicly or privately owned building, structure, site, object, or open space of historic significance to this state, including places associated with a significant individual, group, or event in this state. See Michigan Laws 399.152
  • Historic resource: means a publicly or privately owned building, structure, site, object, feature, or open space that is significant in the history, architecture, archaeology, engineering, or culture of this state or a community within this state, or of the United States. See Michigan Laws 399.201a
  • historic resource: means a publicly or privately owned historic building, structure, site, object, feature, or open space either manmade or natural, individually listed or located within and contributing to a historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399. See Michigan Laws 125.2090a
  • Historic significance: means value in relation to historical, architectural, archaeological, engineering, technological, or cultural disciplines. See Michigan Laws 399.152
  • Home for the aged: means that term as defined in section 20106. See Michigan Laws 333.12601
  • Hospice: means that term as defined in section 20106. See Michigan Laws 333.12601
  • Hospital long-term care unit: means that term as defined in section 20106. See Michigan Laws 333.12601
  • Impaired insurer: means a member insurer considered by the director to be potentially unable to fulfill the insurer's contractual obligations or that is placed under an order of rehabilitation or conservation by a court of competent jurisdiction. See Michigan Laws 500.7705
  • Improvements: means those features and actions associated with a project that are considered necessary by the body or official granting zoning approval to protect natural resources or the health, safety, and welfare of the residents of a local unit of government and future users or inhabitants of the proposed project or project area, including roadways, lighting, utilities, sidewalks, screening, and drainage. See Michigan Laws 125.3102
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Independent peer review expert: means a person or persons selected by the commercialization board with appropriate expertise to conduct an independent, unbiased, objective, and competitive evaluation of activities funded under section 88k. See Michigan Laws 125.2088a
  • Industry-recognized certificate or credential: means a certificate or credential that is portable and is sought or accepted by multiple employers within an industry for purposes of recruitment, hiring, or promotion. See Michigan Laws 390.1703
  • Industry-recognized certificate or credential: means that term as defined in the Michigan reconnect grant act, 2020 PA 84, MCL 390. See Michigan Laws 390.1713
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • insolvent: means :
  •   (i) For an insurer issuing only assessable fire insurance policies:
      (A) The inability to pay an obligation within 30 days after it becomes payable. See Michigan Laws 500.8103
  • Insolvent insurer: means a member insurer that becomes insolvent and is placed under an order of liquidation by a court of competent jurisdiction with a finding of insolvency. See Michigan Laws 500.7705
  • Insolvent insurer: means an insurer which has been a member insurer and against whom a final order of liquidation has been entered with a finding of insolvency by a court of competent jurisdiction in the insurer's state of domicile. See Michigan Laws 500.7921
  • Institution: means an institution as defined in section 1202 of the banking code of 1999, 1999 PA 276, MCL 487. See Michigan Laws 400.171
  • Institution of higher education: means an institution of higher education or a community or junior college described in section 4, 5, 6, or 7 of article VIII of the state constitution of 1963 or an independent nonprofit degree-granting institution of postsecondary education in this state that is approved by the state board of education. See Michigan Laws 125.2088a
  • Insurer: means an individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds organization, fraternal benefit society, or other legal entity, engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.106
  • Insurer: means a corporation engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.5500
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Intensity of development: means the height, bulk, area, density, setback, use, and other similar characteristics of development. See Michigan Laws 125.3102
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Intermediate holding company: means a business corporation subsidiary of a mutual holding company domiciled in this state, any other state, or the District of Columbia that is authorized to issue 1 or more classes of capital stock, the corporate purposes of which include holding directly or indirectly the voting stock of a converted company. See Michigan Laws 500.6001
  • Internet: means that term as defined in 47 USC 230. See Michigan Laws 397.602
  • Investment authority: means the amount stated on the certificate under section 90m certifying the rural jobs and capital investment fund. See Michigan Laws 125.2090l
  • investment fund: means the jobs for Michigan investment fund created in section 88h. See Michigan Laws 125.2088a
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Largest: means , if used in reference to a participating school district, the participating school district having the most electors voting at the last regularly scheduled school board election in the participating school district. See Michigan Laws 397.172
  • Law enforcement officer: means an individual licensed under the Michigan commission on law enforcement standards act, 1965 PA 203, MCL 28. See Michigan Laws 397.602
  • Laws: means the society's articles of incorporation, constitution, and bylaws, however designated. See Michigan Laws 500.8161
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legacy: A gift of property made by will.
  • Legislative body: means , if the municipality is a school district, the school board. See Michigan Laws 397.172
  • Legislative body: means the county board of commissioners of a county, the board of trustees of a township, or the council or other similar elected governing body of a city or village. See Michigan Laws 125.3102
  • Legislative body: means the county board of commissioners of a county, the board of trustees of a township, or the council or other elected governing body of a city or village. See Michigan Laws 125.3803
  • Lender: means a person whose name appears on the records of the museum as the person legally entitled to property on loan to a museum, or a person the museum knows to be legally entitled to property on loan to a museum, or a person who establishes his or her legal entitlement to that property. See Michigan Laws 399.602
  • Letter of credit: means a letter of credit that meets all of the following requirements:
  •   (i) Is issued by a federally insured financial institution. See Michigan Laws 500.7001
  • liabilities: shall include , but not be limited to, reserves required by statute or by rule or specific requirements imposed by the commissioner upon an insurer at the time of admission or subsequent to admission. See Michigan Laws 500.8103
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Liability: means any liability or obligation of any kind, character, or description, whether known or unknown, absolute or contingent, accrued or unaccrued, disputed or undisputed, liquidated or unliquidated, secured or unsecured, joint or several, due or to become due, determined, determinable, or otherwise. See Michigan Laws 500.5500
  • Library: means the library of Michigan. See Michigan Laws 397.12
  • Library: means a library that is established by this state or by a county, city, township, village, school district, or other local unit of government or authority or combination of local units of governments and authorities, a community college district, or a college or university, or a private library open to the public. See Michigan Laws 397.602
  • Library record: means a document, record, or other method of storing information retained by a library that contains information that personally identifies a library patron, including the patron's name, address, or telephone number, or that identifies a person as having requested or obtained specific materials from a library. See Michigan Laws 397.602
  • Licensee: means the person who is the holder of a license under this part or the person who is legally responsible for the operation of a body art facility and includes the owner or operator, an agent of the owner or operator, or any other person operating under the apparent authority of the owner or operator of a body art facility that is required to be licensed under this part. See Michigan Laws 333.13101
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Life sciences: means science for the examination or understanding of life or life processes, including, but not limited to, all of the following:
  •   (i) Bioengineering. See Michigan Laws 125.2088a
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Loan: means a deposit of property that is not accompanied by a transfer of title to the property. See Michigan Laws 399.602
  • loan: means a loan that is approved under section 90b and that is subject to the requirements in section 90d. See Michigan Laws 125.2090a
  • Local board: means the board of trustees or directors that has as its primary purpose the supervision of a local public library, or that board contracting for library service, or, if such a board does not exist, the legislative body of the local government that maintains the public library. See Michigan Laws 397.552
  • Local governing entity: means that term as defined in section 2406. See Michigan Laws 333.13101
  • Local support: means funds from tax sources, gifts, endowments, penal fines, or other funds received from local sources, excluding state and federal aid as stated in this act. See Michigan Laws 397.552
  • Local unit: means a county, city, village, or township. See Michigan Laws 399.201a
  • local unit: means a county or municipality. See Michigan Laws 125.3803
  • Local unit of government: means a county, township, city, or village. See Michigan Laws 125.3102
  • Lodge: means the subordinate member units of a society, including camps, courts, councils, branches, or other similar designation. See Michigan Laws 500.8161
  • Majority leader: see Floor Leaders
  • Manufacturer: means a person that prepares, produces, derives, propagates, compounds, processes, packages, or repackages a drug or device salable on prescription only, or otherwise changes the container or the labeling of a drug or device salable on prescription only, and that supplies, distributes, sells, offers for sale, barters, or otherwise disposes of that drug or device and any other drug or device salable on prescription only, to another person for resale, compounding, or dispensing. See Michigan Laws 333.17706
  • Maritime corporation: means the Lake Michigan maritime museum, inc. See Michigan Laws 399.302
  • Maritime museum: means the Michigan maritime museum situated in South Haven and operated under authority of this act. See Michigan Laws 399.302
  • Maritime museum advisory board: means the Michigan maritime museum advisory board created by section 106. See Michigan Laws 399.302
  • Maritime museum store: means the retail sales store located in the maritime museum, as authorized by section 108. See Michigan Laws 399.302
  • Maritime museum trust fund: means the Michigan maritime museum trust fund created by section 108. See Michigan Laws 399.302
  • Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
  • Master plan: means either of the following:
  •   (i) As provided in section 81(1), any plan adopted or amended before September 1, 2008 under a planning act repealed under section 85. See Michigan Laws 125.3803
  • MEDC: means the Michigan economic development corporation, the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124. See Michigan Laws 125.2004
  • Meeting: means a meeting as defined in section 2 of the open meetings act, 1976 PA 267, MCL 15. See Michigan Laws 333.12601
  • Member: means a person who, on the records of the mutual company and pursuant to its articles of incorporation or bylaws, is considered to be a holder of a membership interest in the mutual company. See Michigan Laws 500.6001
  • Member insurer: means a person authorized to transact a kind of insurance or annuity business in this state for which coverage is provided under section 7704 and includes an insurer whose certificate of authority in this state may have been suspended, revoked, not renewed, or voluntarily withdrawn. See Michigan Laws 500.7705
  • Member insurer: means an insurer required to be a member of the association pursuant to section 7911. See Michigan Laws 500.7921
  • merger: as used in this chapter , include a transaction in which an authorized insurer that is a wholly-owned subsidiary of a controlling corporation, which need not be an insurer, distributes shares of the capital stock of the controlling corporation in merging another insurer into the subsidiary or in merging the subsidiary into another insurer. See Michigan Laws 500.7604
  • MEWA: means that term as defined in section 3 of the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. See Michigan Laws 500.7001
  • Michigan history center: means the Michigan history center established in the Michigan history center act. See Michigan Laws 399.832
  • Michigan promise grant: means a grant awarded by the department under this act. See Michigan Laws 390.1622
  • Michigan reconnect grant: means a grant awarded under the Michigan reconnect grant program. See Michigan Laws 390.1713
  • Michigan reconnect grant program: means the grant program created under section 5 of the Michigan reconnect grant act, 2020 PA 84, MCL 390. See Michigan Laws 390.1713
  • Michigan reconnect grant student: means a student admitted to and enrolled in an eligible institution, regardless of whether the student is receiving a Michigan reconnect grant under this act. See Michigan Laws 390.1703
  • Michigan reconnect grant student: means that term as defined in the Michigan reconnect grant act, 2020 PA 84, MCL 390. See Michigan Laws 390.1713
  • Minor: means an individual who is less than 18 years of age. See Michigan Laws 397.602
  • Minor: means an individual under 18 years of age who is not emancipated under section 4 of 1968 PA 293, MCL 722. See Michigan Laws 333.13101
  • Minority leader: See Floor Leaders
  • month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
  • Monument fund: means the Ronald Wilson Reagan memorial monument fund created in the Ronald Wilson Reagan memorial monument fund act. See Michigan Laws 399.262
  • Monument fund: means the Ronald Wilson Reagan memorial monument fund created in section 3. See Michigan Laws 399.272
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Motor vehicle: means that term as defined in section 33 of the Michigan vehicle code, 1949 PA 300, MCL 257. See Michigan Laws 333.12601
  • Multiple-station alarm: means 2 or more single-station alarms that are capable of interconnection such that actuation of 1 alarm causes all integrated separate audible alarms to operate. See Michigan Laws 399.201a
  • municipal: means or refers to a city, village, or township. See Michigan Laws 125.3803
  • Municipality: means a city, village, school district, township, or county. See Michigan Laws 397.172
  • Municipality: means a county, city, village, township, port district, development organization, institution of higher education, community or junior college, or subdivision or instrumentality of any of the legal entities listed in this subdivision. See Michigan Laws 125.2004
  • Municipality: means that term as defined in section 4. See Michigan Laws 125.2090g
  • Museum: means an institution generally known as a museum, archives, or library located in this state that is or does each of the following:
  •   (i) Established primarily for artistic, educational, scientific, historic, or preservation purposes. See Michigan Laws 399.602
  • Museum: means the Michigan history museum. See Michigan Laws 399.802
  • Museum site: means certain state land and facilities in the county of Marquette constituting an historical commemoration of the first iron production area in the Lake Superior region. See Michigan Laws 399.72
  • Mutual company: means a domestic mutual insurance company organized under chapter 50, 54, or 58. See Michigan Laws 500.6001
  • Neighborhood and commercial corridor food initiative: means property that will be used primarily as a retail supermarket, grocery store, produce market, or delicatessen that is located in a downtown area or in a development area as defined in section 2 of the corridor improvement authority act, 2005 PA 280, MCL 125. See Michigan Laws 125.2090a
  • New full-time equivalent employees: means the number of jobs performed by an individual who is employed for consideration for at least 35 hours of work each week based in this state and for whom the company, an employee leasing company, or a professional employer organization on behalf of the company, or other entity authorized under this act, withholds income and United States Social Security taxes. See Michigan Laws 125.2090l
  • New insurer: means a domestic stock insurer that is created by a division occurring on or after the effective date of the amendatory act that added this chapter. See Michigan Laws 500.5500
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Nonpublic high school: means a high school operated by a nonpublic school that includes grades 9 to 12 or 10 to 12 and that awards a high school diploma. See Michigan Laws 390.1663
  • Nonpublic school: means that term as defined in section 5 of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 390.1663
  • Notice to proceed: means the written permission to issue a permit for work that is inappropriate and that adversely affects a resource, pursuant to a finding under section 5(6). See Michigan Laws 399.201a
  • Nursing home: means that term as defined in section 20109. See Michigan Laws 333.12601
  • Oath: A promise to tell the truth.
  • oath: shall be construed to include the word "affirmation" in all cases where by law an affirmation may be substituted for an oath; and in like cases the word "sworn" shall be construed to include the word "affirmed". See Michigan Laws 8.3k
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Obscene: means that term as defined in section 2 of 1984 PA 343, MCL 752. See Michigan Laws 397.602
  • official Michigan historical marker: means Michigan historical marker signage as approved by the commission under this act. See Michigan Laws 399.152
  • Open space: means undeveloped land, a naturally landscaped area, or a formal or man-made landscaped area that provides a connective link or a buffer between other resources. See Michigan Laws 399.201a
  • Operations fund: means the Michigan history center operations fund created in section 8. See Michigan Laws 399.802
  • Ordinary maintenance: means keeping a resource unimpaired and in good condition through ongoing minor intervention, undertaken from time to time, in its exterior condition. See Michigan Laws 399.201a
  • Other economic assistance: means any other form of assistance allowed under this act that is not a community revitalization loan or community revitalization grant. See Michigan Laws 125.2090a
  • Other eligible land: means land that has a common property line with agricultural land from which development rights have been purchased and is not divided from that agricultural land by a state or federal limited access highway. See Michigan Laws 125.3102
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Participating: means , in reference to a municipality, that the municipality is a party to an agreement. See Michigan Laws 397.172
  • Participating college: means a college or university that is located in this state; elects to participate in a reciprocal agreement under this act; and meets the requirements of section 4. See Michigan Laws 390.1692
  • 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.
  • Pell-eligible program: means a program eligible for grant funding under 20 USC 1070a. See Michigan Laws 390.1713
  • Person: means an individual, corporation, partnership, association, or voluntary organization. See Michigan Laws 500.7705
  • Person: means an individual, partnership, corporation, association, or other private legal entity. See Michigan Laws 399.152
  • Person: means a person as defined in section 1106 or a governmental entity. See Michigan Laws 333.13301
  • Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 399.702
  • Person: means an individual, sole proprietorship, partnership, limited partnership, limited liability partnership, limited liability company, joint venture, profit or nonprofit corporation including a public or private college or university, public utility, municipality, local industrial development corporation, economic development corporation, other association of persons organized for agricultural, commercial, or industrial purposes, a lender, or any other entity approved by the board. See Michigan Laws 125.2004
  • Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 125.3102
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Person: means an individual, partnership, corporation, limited liability company, association, organization, or other legal entity. See Michigan Laws 395.101a
  • Personal property: All property that is not real property.
  • Place of employment: means an enclosed indoor area that contains 1 or more work areas for 1 or more persons employed by a public or private employer. See Michigan Laws 333.12601
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • plan: means a plan adopted by a Michigan domestic mutual company's or mutual holding company's board of directors pursuant to this chapter to convert the mutual company into a Michigan domiciled stock company. See Michigan Laws 500.5901
  • plan: means a plan adopted pursuant to this chapter by the board of directors of a mutual company for the reorganization of the mutual company simultaneously into both a mutual holding company and a converted company existing as a direct or indirect stock subsidiary of the mutual holding company. See Michigan Laws 500.6001
  • Plan of division: means a plan of division approved by a dividing insurer in accordance with section 5505. See Michigan Laws 500.5500
  • Plan sponsor: means the following:
  •   (i) For a benefit plan established or maintained by a single employer, the single employer. See Michigan Laws 500.7705
  • Planning commission: means either of the following, as applicable:
  •   (i) A planning commission created pursuant to section 11(1). See Michigan Laws 125.3803
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Policy: means a group or individual insurance policy or contract issued by a mutual company. See Michigan Laws 500.6001
  • Population: means the population according to the most recent federal decennial census or according to a special census conducted under section 7 of the Glenn Steil state revenue sharing act of 1971, 1971 PA 140, MCL 141. See Michigan Laws 125.3102
  • Population: means the population according to the most recent federal decennial census or according to a special census conducted under section 7 of the Glenn Steil state revenue sharing act of 1971, 1971 PA 140, MCL 141. See Michigan Laws 125.3803
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Premiums: means amounts or considerations, by whatever name called, received on covered policies or contracts less returned premiums, considerations, and deposits and less dividends and experience credits. See Michigan Laws 500.7705
  • Premiums: means rates, dues, or other required contributions payable under a certificate. See Michigan Laws 500.8161
  • Primary supplier: means an entity that creates not fewer than 25 new jobs in this state and that provides both of the following to an authorized business pursuant to a written agreement under this chapter:
  •   (i) A minimum of $5,000,000. See Michigan Laws 125.2090g
  • Principal business operations: means the operations of a business are located at the place or places where at least 60% of its employees work or where employees that are paid at least 60% of its payroll work. See Michigan Laws 125.2090l
  • Private contributions: means an investment of cash in a rural jobs and capital investment fund to match dollar-for-dollar the grants, loans, or other types of economic assistance up to the investment authority of the rural jobs and capital investment fund. See Michigan Laws 125.2090l
  • Private sector: means other than the fund, a state or federal source, or an agency of a state or the federal government. See Michigan Laws 125.2004
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Probate: Proving a will
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Project: means an economic development project and, in addition, means the acquisition, construction, reconstruction, conversion, or leasing of an industrial, commercial, retail, agricultural, or forestry enterprise, or any part of these, to carry out the purposes and objectives of this act and of the fund, including, but not limited to, acquisition of land or interest in land, buildings, structures, or other planned or existing planned improvements to land including leasehold improvements, machinery, equipment, or furnishings which include, but are not limited to, the following: research parks; office facilities; engineering facilities; research and development laboratories; warehousing facilities; parts distribution facilities; depots or storage facilities; port facilities; railroad facilities, including trackage, right of way, and appurtenances; airports; bridges and bridge facilities; water and air pollution control equipment or waste disposal facilities; theme or recreational parks; equipment or facilities designed to produce energy from renewable resources; farms, ranches, forests, and other agricultural or forestry commodity producers; agricultural harvesting, storage, transportation, or processing facilities or equipment; grain elevators; shipping heads and livestock pens; livestock; warehouses; wharves and dock facilities; dredging of recreational or commercial harbors; water, electricity, hydro electric, coal, petroleum, or natural gas provision facilities; dams and irrigation facilities; sewage, liquid, and solid waste collection, disposal treatment, and drainage services and facilities. See Michigan Laws 125.2004
  • Promise of financial assistance: means a commitment by an eligible entity to provide financial resources for public or private postsecondary education, including a vocational program, to eligible students living in a promise zone and who have graduated from a public high school or nonpublic high school located within that promise zone. See Michigan Laws 390.1663
  • Promise zone: means that area created by a governing body under this act. See Michigan Laws 390.1663
  • Promise zone development plan: means that plan developed by an authority under this act that will ensure that the financial resources are available to adequately fund the promise of financial assistance. See Michigan Laws 390.1663
  • Property: means an animate or inanimate object in a museum's possession or under a museum's care because of that object's artistic, educational, scientific, historic, or cultural value. See Michigan Laws 399.602
  • Property title information report: means information regarding matters of public record affecting legal title to real property that satisfies both of the following:
  •    (i) Is provided upon request to a real property owner, a financial institution, a person with a contractual interest in the real property, or to a person licensed under article 25 of the occupational code, Act No. See Michigan Laws 500.7301
  • Proposed historic district: means an area, or group of areas not necessarily having contiguous boundaries, that has delineated boundaries and that is under review by a committee or a standing committee for the purpose of making a recommendation as to whether it should be established as a historic district or added to an established historic district. See Michigan Laws 399.201a
  • Proprietary school: means a school that uses a certain plan or method to teach a trade, occupation, or vocation for a consideration, reward, or promise of any kind. See Michigan Laws 395.101a
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Prosperity region: means each of the 10 prosperity regions identified by the department of technology, management, and budget on the effective date of the amendatory act that added this section. See Michigan Laws 125.2090g
  • Prosperity region average wage: means the average annual wage for the prosperity region where the facility is located based on the most recent data made available by the Michigan bureau of labor market information and strategic initiatives. See Michigan Laws 125.2090g
  • Public body: means a public body as defined in section 2 of the open meetings act, 1976 PA 267, MCL 15. See Michigan Laws 333.12601
  • Public high school: means a public school that includes grades 9 to 12 or 10 to 12 and that awards a high school diploma. See Michigan Laws 390.1663
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Public library: means a library, the whole interests of which belong to the general public, lawfully established for free public purposes by any 1 or more counties, cities, townships, villages, school districts or other local governments or any combination thereof, or by any general or local act, but shall not include a special library such as a professional or technical library or a school library. See Michigan Laws 397.31
  • Public library: means a library that is lawfully established for free public purposes by 1 or more counties, cities, townships, villages, school districts, or other local governments or a combination thereof, or by a public or local act, the entire interests of which belong to the general public. See Michigan Laws 397.552
  • Public place: except as otherwise provided in subsection (2), means any of the following:
  •   (i) An enclosed, indoor area owned or operated by a state or local governmental agency and used by the general public or serving as a meeting place for a public body, including an office, educational facility, home for the aged, nursing home, county medical care facility, hospice, hospital long-term care unit, auditorium, arena, meeting room, or public conveyance. See Michigan Laws 333.12601
  • Public school: means that term as defined in section 5 of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 390.1663
  • Publications fund: means the Michigan heritage publications fund created in section 5. See Michigan Laws 399.802
  • Qualified business: means a business entity located in this state. See Michigan Laws 125.2088a
  • Qualified business: means an operating business that, at the time of the initial investment in the business by a rural jobs and capital investment fund, has fewer than 150 employees and is engaged in industries assigned a North American Industry Classification System code within sectors 11, 21, 23, 31 through 33, 42, 48, 49, 54, except 541110 through 541219, 56, 62, and 81 or, if not engaged in any of these industries, the fund determines that the investment will be beneficial to the rural area, the economic growth of this state, and the industry is not assigned a North American Industry Classification System code within sector 51. See Michigan Laws 125.2090l
  • Qualified educational expenses: means tuition and fees required for the enrollment or attendance of a student at an educational institution, and may also include, if provided for in an authority's promise zone development plan, expenses for fees, books, supplies, and equipment required for courses of instruction at that educational institution. See Michigan Laws 390.1663
  • Qualified interpreter: means a person who is certified through the national registry of interpreters for the deaf or certified through the state by the division. See Michigan Laws 393.502
  • Qualified mezzanine fund: means a person or entity primarily engaged in making loans or investments ranging in size from $250,000. See Michigan Laws 125.2088a
  • Qualified occupational training program: means a career training program approved by the department that meets all of the following:
  •   (i) Provides not less than 150, and not more than 600, clock hours of instructional time over a period of not less than 8 weeks and not more than 15 weeks. See Michigan Laws 390.1713
  • Qualified private equity fund: means a firm principally or primarily engaged in investing in or acquiring businesses that is managed by 2 or more individuals with no less than 5 years of direct experience in private equity investments, and that holds investment capital from investors other than the fund. See Michigan Laws 125.2088a
  • Qualified public library: means any public library which is open to and available to the public at least 10 hours per week or any library which has a contract with a public library board to furnish library services to the public. See Michigan Laws 397.31
  • Qualified rural local governmental unit: means a county in this state with a population of 225,000 or less. See Michigan Laws 125.2090l
  • Qualified venture capital fund: means a firm principally or primarily engaged in investing in or acquiring early stage businesses with growth potential that have not yet demonstrated consistent profitability or a proven business model, that is managed by 2 or more individuals with not less than 5 years of direct experience in venture capital, and that holds capital from investors other than the fund. See Michigan Laws 125.2088a
  • Qualifying score: means a score in a reading, writing, mathematics, science, or social studies component of a state assessment test that has been determined by the superintendent of public instruction to indicate readiness to enroll in a course in that subject area in an approved postsecondary educational institution. See Michigan Laws 390.1622
  • Quorum: The number of legislators that must be present to do business.
  • Railroad corporation: means the grand trunk western railroad company, a Michigan corporation. See Michigan Laws 399.302
  • Railroad history museum: means the Michigan railroad history museum situated in the Durand union station railroad depot and operated under authority of this act. See Michigan Laws 399.302
  • Railroad history museum advisory board: means the Michigan railroad history museum and information center advisory board created by section 206. See Michigan Laws 399.302
  • Railroad history museum store: means the retail sales store located in the railroad history museum, as authorized by section 208. See Michigan Laws 399.302
  • Railroad history museum trust fund: means the Michigan railroad history museum trust fund created by section 209. See Michigan Laws 399.302
  • Rate: means the cost of insurance per payroll before adjustment for an individual insured's size, exposure, or loss experience. See Michigan Laws 500.2402
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Receiver: means receiver, liquidator, rehabilitator, or conservator as the context requires. See Michigan Laws 500.8103
  • Receivership court: means the court in the insolvent insurer's or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the insurer. See Michigan Laws 500.7705
  • Recess: A temporary interruption of the legislative business.
  • Reciprocal agreement: means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act. See Michigan Laws 390.1692
  • Reciprocal state: means a state other than this state in which all of the following occurs:
  •   (i) In substance and effect sections 8118(1), 8152, 8153, 8155, 8156, and 8157 are in force. See Michigan Laws 500.8103
  • Record: means any of the following:
  •   (i) A document, paper, book, letter, or writing, including a document, paper, book, letter, or writing prepared by handwriting, typewriting, printing, photostating, photocopying, or electronic medium. See Michigan Laws 399.802
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Repair: means to restore a decayed or damaged resource to a good or sound condition by any process. See Michigan Laws 399.201a
  • Repayment amount: means an amount equal to 50% of a rural jobs and capital investment fund's investment authority, minus the sum of the product of new full-time equivalent employees reported to the fund for each of the rural jobs and capital investment fund's annual reports submitted pursuant to section 90p and the appropriate earned job factor rate. See Michigan Laws 125.2090l
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Resident: means a person who resides in this state at the time a member insurer is determined to be an impaired insurer or insolvent insurer and to whom contractual obligations are owed. See Michigan Laws 500.7705
  • Resource: means 1 or more publicly or privately owned historic or nonhistoric buildings, structures, sites, objects, features, or open spaces located within a historic district. See Michigan Laws 399.201a
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Resulting insurer: means a domestic stock insurer created by a division or a dividing insurer that survives a division. See Michigan Laws 500.5500
  • Rule: means a rule promulgated pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24. See Michigan Laws 397.12
  • Rule: means a rule promulgated pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24. See Michigan Laws 399.802
  • Rules: means all rules, regulations, or resolutions adopted by a society's supreme governing body or board of directors that are intended to have general application to the members of the society. See Michigan Laws 500.8161
  • Rural jobs and capital investment fund: means an entity approved by the fund under section 90m that meets all of the following:
  •   (i) The entity or 1 or more of its affiliates are regulated by the Securities and Exchange Commission and meet either of the following:
      (A) Is a rural business investment company under 7 USC 2009cc or a small business investment company under 15 USC 681. See Michigan Laws 125.2090l
  • School district: means 1 of the following but does not include a primary school district or a school district that holds meetings rather than elections:
  •   (i) "Local act school district" as defined in section 5 of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 397.172
  • School district: means that term as defined in the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 390.1663
  • seal: shall be construed to include any of the following:
  •   (a) The impression of the seal on the paper alone. See Michigan Laws 8.3n
  • Secured claim: means a claim secured by mortgage, trust deed, pledge, deposit as security, escrow, or otherwise, but not including a special deposit claim or claim against general assets. See Michigan Laws 500.8103
  • Service academy: means the United States military academy, United States naval academy, United States air force academy, United States coast guard academy, or United States merchant marine academy. See Michigan Laws 390.1622
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Sexually explicit matter: means that term as defined in section 3 of 1978 PA 33, MCL 722. See Michigan Laws 397.602
  • shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
  • Shareholder: means the person in whose name a share is registered in the records of a corporation or the beneficial owner of a share to the extent of the rights granted by a nominee certificate on file with a corporation. See Michigan Laws 500.5500
  • signature: includes a manual, facsimile, conformed, or electronic signature. See Michigan Laws 500.5500
  • Site plan: includes the documents and drawings required by the zoning ordinance to ensure that a proposed land use or activity is in compliance with local ordinances and state and federal statutes. See Michigan Laws 125.3102
  • Small business: means a business entity formed or doing business in this state, including the affiliates of the business concern, which business entity is independently owned and operated and employs fewer than 250 full-time employees or has gross annual sales of less than $6,000,000. See Michigan Laws 125.2088a
  • smoke: means the burning of a lighted cigar, cigarette, pipe, or any other matter or substance that contains a tobacco product. See Michigan Laws 333.12601
  • Smoke alarm: means a single-station or multiple-station alarm responsive to smoke and not connected to a system. See Michigan Laws 399.201a
  • Smoking: means that term as defined in section 12601. See Michigan Laws 333.13101
  • Smoking paraphernalia: means any equipment, apparatus, or furnishing that is used in or necessary for the activity of smoking. See Michigan Laws 333.12601
  • South Haven: means the city of South Haven, a home rule city situated in Van Buren county. See Michigan Laws 399.302
  • Special deposit claim: means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets. See Michigan Laws 500.8103
  • Standing committee: means a permanent body established by the legislative body of a local unit under section 14 to conduct the activities of a historic district study committee on a continuing basis. See Michigan Laws 399.201a
  • State: means a state, the District of Columbia, Puerto Rico, or a United States possession, territory, or protectorate. See Michigan Laws 500.7705
  • State: means a state, district, or territory of the United States. See Michigan Laws 500.8103
  • 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
  • State assessment test: means any of the following:
  •   (i) Subject to subparagraph (ii), the complete Michigan merit examination described in section 1279g of the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 390.1622
  • State board: means the state board of education. See Michigan Laws 395.82
  • State education tax: means the tax levied under the state education tax act, 1993 PA 331, MCL 211. See Michigan Laws 390.1663
  • State librarian: means the department. See Michigan Laws 397.172
  • Statute: A law passed by a legislature.
  • Store: means the retail store operated by the center. See Michigan Laws 399.802
  • Street: means a street, avenue, boulevard, highway, road, lane, alley, viaduct, or other public way intended for use by motor vehicles, bicycles, pedestrians, and other legal users. See Michigan Laws 125.3803
  • Structured settlement annuity: means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant. See Michigan Laws 500.7705
  • Subpoena: A command to a witness to appear and give testimony.
  • subscriber: means an individual who enters into an insurance contract for health insurance, or on whose behalf an insurance contract for health insurance is entered into, with an insurer. See Michigan Laws 500.116
  • Surplus: means total statutory surplus less capital, calculated in accordance with the National Association of Insurance Commissioners Accounting Practices and Procedures Manual, version effective January 1, 2001, and subsequent revisions. See Michigan Laws 500.5500
  • Tattoo: means 1 or more of the following:
  •   (i) An indelible mark made upon the body of another individual by the insertion of a pigment under the skin. See Michigan Laws 333.13101
  • Temporary body art facility: means a body art facility that operates at a fixed or temporary location in this state for a time period that does not exceed 14 consecutive days and includes out-of-state facilities operating within this state. See Michigan Laws 333.13101
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Title insurance: means the insuring, guaranteeing, or indemnifying of designated owners of real estate or any interest in real estate against loss or damage that may result because the title is vested in a manner otherwise than as stated in the title insurance policy, because the title is unmarketable, or because the title is subject to liens, encumbrances, or other matters adversely affecting the rights of use, enjoyment, or disposition of the real estate, and not excepted in the policy, all in accordance with the terms of a title insurance policy approved as to substance and form, or doing anything equivalent in substance to any of the foregoing in a manner designed to evade the provisions of this chapter. See Michigan Laws 500.7301
  • Title insurance policy: means any policy or contract insuring, guaranteeing, or indemnifying against loss or damage suffered by owners of real estate or by other persons interested in the real estate by reason of liens, encumbrances upon, defects in, or the unmarketability of the title to the real estate, or other matters affecting the title to real estate or the right to the use and enjoyment of the real estate, and insuring, guaranteeing, or indemnifying the condition of the title to real estate or the status of any lien on the real estate. See Michigan Laws 500.7301
  • Title insurer: means any domestic, foreign, or alien insurer issuing title insurance, either directly or indirectly, other than reinsurance or coinsurance or both as referred to in section 7308, with respect to any real estate located in this state. See Michigan Laws 500.7301
  • Tobacco product: means a product that contains tobacco and is intended for human consumption, including, but not limited to, cigarettes, noncigarette smoking tobacco, or smokeless tobacco, as those terms are defined in section 2 of the tobacco products tax act, 1993 PA 327, MCL 205. See Michigan Laws 333.12601
  • Tobacco specialty retail store: means an establishment in which the primary purpose is the retail sale of tobacco products and smoking paraphernalia, and in which the sale of other products is incidental. See Michigan Laws 333.12601
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Transfer: shall include the sale and every other and different mode, direct or indirect, of disposing of or of parting with property or with an interest in property or with the possession of property or of fixing a lien upon property or upon an interest in property, absolutely or conditionally, voluntarily, by or without judicial proceedings. See Michigan Laws 500.8103
  • Transfer: includes an assignment, assumption, conveyance, sale, lease, encumbrance, including a mortgage or security interest, gift, or transfer by operation of law. See Michigan Laws 500.5500
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust fund: means the Michigan merit award trust fund established in section 9 of the Michigan trust fund act, 2000 PA 489, MCL 12. See Michigan Laws 390.1622
  • Trustee: A person or institution holding and administering property in trust.
  • Trusteed assets: means the assets of an alien insurer and U. See Michigan Laws 500.8103
  • Unallocated annuity contract: means an annuity contract or group annuity certificate that is not issued to and owned by an individual, except to the extent of an annuity benefit guaranteed to an individual by an insurer under the contract or certificate. See Michigan Laws 500.7705
  • Undeveloped state: means a natural state preserving natural resources, natural features, scenic or wooded conditions, agricultural use, open space, or a similar use or condition. See Michigan Laws 125.3102
  • Undocumented property: means property in the possession of a museum, the owner or lender of which the museum has no reasonable means of identifying. See Michigan Laws 399.602
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • Union station corporation: means the Durand union station, inc. See Michigan Laws 399.302
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
  • University technology transfer: means innovative methods to accelerate the creation of start-up companies affiliated with institutions of higher education or the transfer of competitive edge technology research from an institution of higher education to a qualified business in Michigan. See Michigan Laws 125.2088a
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • Venue: The geographical location in which a case is tried.
  • Verdict: The decision of a petit jury or a judge.
  • Vocational disability: means any disability except blindness which constitutes, contributes to, or if not corrected will probably result in an obstruction to occupational performance. See Michigan Laws 395.82
  • Vocational program: means an education or training program intended to teach a trade, occupation, or vocation and offered by a public or private postsecondary institution in this state. See Michigan Laws 390.1663
  • Withholding tax capture revenues: means the amount of income tax withheld under part 3 of the income tax act of 1967, 1967 PA 281, MCL 206. See Michigan Laws 125.2090g
  • Work: means construction, addition, alteration, repair, moving, excavation, or demolition. See Michigan Laws 399.152
  • Work: means construction, addition, alteration, repair, moving, excavation, or demolition. See Michigan Laws 399.201a
  • Written agreement: means a written agreement made between the eligible business and the fund pursuant to this chapter. See Michigan Laws 125.2090g
  • Zoning commission: means a zoning commission as described under section 301. See Michigan Laws 125.3102
  • Zoning jurisdiction: means the area encompassed by the legal boundaries of a city or village or the area encompassed by the legal boundaries of a county or township outside the limits of incorporated cities and villages. See Michigan Laws 125.3102