Michigan Laws > Chapter 438 > R.S. of 1846 > Chapter 34 – Of Money of Account, and of the Interest of Money, and On Judgments, Verdicts, Etc
Current as of: 2023 | Check for updates
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Other versions
| § 438.1 | Money of account |
| § 438.2 | Reduction of monetary units to standard units |
| INTEREST OF MONEY | |
| INTEREST ON JUDGMENTS, VERDICTS, ETC |
Terms Used In Michigan Laws > Chapter 438 > R.S. of 1846 > Chapter 34 - Of Money of Account, and of the Interest of Money, and On Judgments, Verdicts, Etc
- Administrator: means the secretary of state or any individual designated by the secretary of state to act in his or her place. See Michigan Laws 257.1302
- 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
- BAIID: means that term as defined in section 20d of the Michigan vehicle code, 1949 PA 300, MCL 257. See Michigan Laws 257.1302
- BAIID mechanic: means a specialty mechanic who holds a certification from the department under section 10 to perform BAIID service. See Michigan Laws 257.1302
- BAIID service: means the installation, removal, repair, or other servicing of breath alcohol ignition interlock devices. See Michigan Laws 257.1302
- Contract: A legal written agreement that becomes binding when signed.
- Customer: means the owner or operator of a motor vehicle. See Michigan Laws 257.1302
- Department: means the department of state. See Michigan Laws 257.1302
- Lien: A claim against real or personal property in satisfaction of a debt.
- Local unit: means a city, township, or village. See Michigan Laws 124.21
- Master mechanic: means any of the following:
(i) A motor vehicle mechanic or specialty mechanic who is certified by the department under this act in all of the specific repair or service categories applicable to automobiles or light trucks described in section 10(5). See Michigan Laws 257.1302aMotor vehicle: means a vehicle that is self-propelled, a vehicle that is propelled by electric power, a motorcycle, or a trailer as those terms are defined in the Michigan vehicle code, 1949 PA 300, MCL 257. See Michigan Laws 257.1302a motor vehicle repair facility: means a place of business that is required to register under this act and that, for compensation, is engaged in the business of performing, or employs individuals who perform, maintenance, diagnosis, vehicle body work, or repair service, or, beginning July 1, 2016, BAIID service, on a motor vehicle. See Michigan Laws 257.1302 Person: means an individual, corporation, limited liability company, partnership, association, or any other legal entity. See Michigan Laws 257.1302a Plaintiff: The person who files the complaint in a civil lawsuit. Repair: means the reconditioning, adjustment, alteration, maintenance, or diagnosis of the operating condition of a motor vehicle, with or without the replacement of any component or subassembly of a motor vehicle, for compensation or under the terms of a warranty. See Michigan Laws 257.1302a Repair category: means a category of motor vehicle repair work, listed in section 10b, that certification under this act is required to perform. See Michigan Laws 257.1302a seal: shall be construed to include any of the following:
(a) The impression of the seal on the paper alone. See Michigan Laws 8.3nSpecialty mechanic: means a motor vehicle mechanic who is certified by the department for a specific repair or service category or categories described in section 10(1). See Michigan Laws 257.1302a 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 Usury: Charging an illegally high interest rate on a loan. Source: OCC Verdict: The decision of a petit jury or a judge.