§ 450.3100 Short title
§ 450.3101 Applicability of act and chapter; amendment of articles or bylaws; exemption
§ 450.3102 Controlling definitions
§ 450.3103 Definitions; C to F
§ 450.3104 Definitions; I to U
§ 450.3107 Inconsistent provisions inapplicable to chapter
§ 450.3109 Requirements of MCL 460.1 et seq. not modified; effect of economic activity conducted by cooperative
§ 450.3121 Articles of incorporation; requirement
§ 450.3123 Use of term “cooperative,””co-op,””consumer cooperative,” or any variation thereof
§ 450.3125 Adoption of initial bylaws; ratification or amendment; contents of bylaws
§ 450.3131 Organization on nonstock membership basis
§ 450.3132 Membership; notice of qualifications
§ 450.3133 Classification
§ 450.3134 Cooperative organized on member capital basis, member fee basis, or basis combining member capital and membership fee; powers
§ 450.3135 Net savings; determination, allocation, distribution, and use; apportionment of losses
§ 450.3136 Certificate; issuance; contents; restrictions on dividends
§ 450.3137 Nonvoting investment certificate or bond
§ 450.3138 Advising persons in writing; statement on membership certificate
§ 450.3139 Redemption of member capital; failure to patronize cooperative; notice of redemption; failure to respond and claim payment; failure to claim refunds of patronage capital, deposits, and fees; failure o
§ 450.3141 Meetings; petitions; signatures; quorum
§ 450.3143 Alternative notice of regular meeting
§ 450.3144 Proxies; voting by mail ballot, referendum, or electronic transmission
§ 450.3145 Amendments; affirmative vote of majority
§ 450.3146 Effective date of adopted action; confirmation vote; filing with administrator
§ 450.3147 Dispute resolution body
§ 450.3148 Purchase or sale under execution, in course of bankruptcy, or by legal process or operation of law; pledge of certificate; assignment of proprietary lease or other agreement
§ 450.3149 Books for recording operations; annual report, balance sheet, and income statement; certified report of condition; copies of reports; mailings at request and expense of member; notice of member’s desi
§ 450.3151 Initial board of directors; membership; term
§ 450.3152 Board of directors; election or appointment other than by vote of membership
§ 450.3153 Affiliation with another organization; section inapplicable to allocations of net savings
§ 450.3161 Amendment to articles of incorporation; calling special meeting; consideration of proposed amendment
§ 450.3162 Distribution of assets generally
§ 450.3183 Distribution of assets upon dissolution; distribution of assets held for charitable or similar purpose; redemption of investment certificates
§ 450.3191 Foreign cooperative
§ 450.3192 Election by corporation to accept act and chapter; procedure; effect of filing certificate of election

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Terms Used In Michigan Laws > Chapter 450 > Act 162 of 1982 > Chapter 11

  • 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.
  • 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.
  • Animal: means any vertebrate animal, other than human beings, including mammals, birds, fish, reptiles, and amphibians, and any domesticated insect. See Michigan Laws 287.523
  • Animal feed: means edible material that is consumed by an animal and contributes energy, nutrients, or both, to the animal's diet. See Michigan Laws 287.523
  • 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
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Brand: means a word, name, symbol, or device, or a combination of any of these that identifies the commercial feed of a manufacturer or distributor and distinguishes it from that of other manufacturers or distributors. See Michigan Laws 287.523
  • Cattle: means ruminating and nonruminating bovine animals sold for slaughter, ruminating and nonruminating bovine animals produced in this state to be fed for slaughter, and ruminating and nonruminating bovine animals to be fed for slaughter and sold in this state more than 30 days after arrival in this state. See Michigan Laws 287.602
  • Cease order: means a cease order issued by the director pursuant to section 15. See Michigan Laws 287.523
  • Commercial feed: means all materials or combination of materials, including feed ingredients, that are distributed or intended for distribution for use as animal feed or for mixing in animal feed. See Michigan Laws 287.523
  • Commission: means the commission of agriculture and rural development. See Michigan Laws 287.523
  • Commission: means the state beef industry commission. See Michigan Laws 287.602
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract feeder: means a person that is an independent contractor that feeds animals pursuant to a contract if the feed is supplied, furnished, or otherwise provided to the person. See Michigan Laws 287.523
  • 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.
  • Customer-formula feed: means commercial feed that consists of a mixture of commercial feeds or feed ingredients, each batch of which is manufactured according to the specific instructions of the final purchaser or purchaser's agent. See Michigan Laws 287.523
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dealer: means any person who for compensation or profit delivers for transportation, transports, boards, buys or sells dogs or cats for research purposes and does not mean a person who breeds or raises dogs or cats for sale to a research facility. See Michigan Laws 287.381
  • Department: means the department of agriculture and rural development. See Michigan Laws 287.523
  • Department: means the state department of agriculture. See Michigan Laws 287.602
  • Director: means the director of the department or the director's authorized representative. See Michigan Laws 287.523
  • Director: means the director of agriculture. See Michigan Laws 287.551
  • Director: means the director of the state department of agriculture. See Michigan Laws 287.602
  • Distribute: means either of the following:
  (i) To offer for sale, hold for sale, sell, exchange, or barter commercial feed. See Michigan Laws 287.523
  • Distributor: means a person that distributes. See Michigan Laws 287.523
  • Drug: means either of the following:
  •   (i) Any article intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in animals. See Michigan Laws 287.523
  • Embargo order: means an embargo order issued by the director pursuant to section 15. See Michigan Laws 287.523
  • 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
  • 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.
  • Feed ingredient: means each of the constituent materials making up a commercial feed. See Michigan Laws 287.523
  • 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 additive: means that term as defined in 21 USC 321(s). See Michigan Laws 287.523
  • 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
  • Fund: means the feed control fund created in section 17. See Michigan Laws 287.523
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guarantor: means a person that agrees to be responsible for labeling, information, guarantees, and claims. See Michigan Laws 287.523
  • Humane method: means either: (1) A method whereby the animal is rendered insensible to pain by mechanical, electrical, chemical or other means that is rapid and effective, before being shackled, hoisted, thrown, cast or cut; or (2) a method in accordance with ritual requirements of any religious faith whereby the animal suffers loss of consciousness by anemia of the brain caused by the simultaneous and instantaneous severance of the carotid arteries with a sharp instrument. See Michigan Laws 287.551
  • in bulk: means feed that is not divided into parts or packaged in separate units or any lot that is not in a closed container at the time it passes to the possession of the purchaser and includes that feed at any stage of distribution. See Michigan Laws 287.523
  • 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
  • Insolvent: means being unable to pay debts as they become due in the usual course of a debtor's business. See Michigan Laws 450.3104
  • Integrated operator: means a person located within this state that manufactures animal feed for other integrated operators if there is a minimum of 5% ownership by all persons involved in each aspect of the operation that supply or share feed and ingredients. See Michigan Laws 287.523
  • 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.
  • Label: means a display of written, printed, or graphic matter upon or affixed to the container in which a commercial feed is distributed or on the invoice or delivery slip with which a commercial feed is distributed. See Michigan Laws 287.523
  • Labeling: means all labels and other written, printed, electronic, or graphic matter, and includes advertising. See Michigan Laws 287.523
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • License: means a commercial feed license issued under this act. See Michigan Laws 287.523
  • Licensee: means a person that has been issued a license. See Michigan Laws 287.523
  • Livestock: means cattle, calves, sheep, swine, horses, mules, goats and any other animal which can or may be used in and for the preparation of meat or meat products. See Michigan Laws 287.551
  • Local unit of government: means a county, township, city, or village. See Michigan Laws 287.523
  • Manufacture: means to prepare, grind, mix, package, repackage, or relabel commercial feed for distribution. See Michigan Laws 287.523
  • Manufacturer: means a person that manufactures. See Michigan Laws 287.523
  • Market agency: means a person, including a producer, who sells, offers for sale, markets, distributes, trades, or processes cattle which have been purchased or acquired from a producer or other, or which is marketed on behalf of a producer, and includes meat packing firms and their agents which purchase or consign to purchase cattle. See Michigan Laws 287.602
  • Member capital: means the assets that a member must provide by payment, transfer, or allocation of net savings to a cooperative as a condition of admission to or retention of membership and with respect to which the member has rights to dividends, redemption, or distributions on dissolution under this chapter. See Michigan Laws 450.3104
  • Membership fee: means a nonredeemable fee that a member must pay to a cooperative as a condition of admission to or retention of membership in the cooperative that is not member capital or a fee for goods, services, or facilities. See Michigan Laws 450.3104
  • 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
  • Noncommercial feed: means all materials or combination of materials, not distributed or intended for distribution, that are for manufacturing and use as feed or for mixing in feed. See Michigan Laws 287.523
  • Official sample: means a sample of feed taken by the director in accordance with section 7. See Michigan Laws 287.523
  • Packer: means any person engaged in the business of slaughtering, or of manufacturing or preparing meat or meat products for sale, either by such person or others; or of manufacturing or preparing livestock products for sale by such person or others. See Michigan Laws 287.551
  • 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.
  • Patron: means a person whose economic exchange is a regular part of the business of a cooperative or foreign cooperative, if the economic exchange is the same type of regular economic exchange engaged in by any class of members. See Michigan Laws 450.3104
  • Patronage: means the selling or providing of goods, services, or facilities to, or the buying of goods, services, or facilities from members or other persons, or providing labor or services to or by a cooperative. See Michigan Laws 450.3104
  • percentage: means the percentage by weight. See Michigan Laws 287.523
  • Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 287.523
  • Person: means any individual, partnership, corporation or association doing business in this state, in whole or in part. See Michigan Laws 287.551
  • Person: means a natural person, partnership, corporation, company, association, society, or trust, or other business unit or organization. See Michigan Laws 287.602
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Producer: means a person who raises or feeds cattle for market. See Michigan Laws 287.602
  • Product name: means the name of the commercial feed that identifies it as to kind, class, or specific use and distinguishes it from all other products bearing the same brand name. See Michigan Laws 287.523
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Quantity statement: means a writing containing the net weight of a solid or net weight or net volume of a liquid. See Michigan Laws 287.523
  • Quorum: The number of legislators that must be present to do business.
  • Redemption: means any method by which a cooperative exchanges cash or debt instruments for member capital, including, but not limited to, repurchase, redemption, refund, or repayment. See Michigan Laws 450.3104
  • Referendum: means a method of member voting that utilizes secret ballot and established polling places as provided in the cooperative's bylaws or under section 409. See Michigan Laws 450.3104
  • 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.
  • Research facility: means any school, hospital, laboratory, institution, organization or person that uses or intends to use dogs or cats in research, tests or experiments, and that (1) purchases or transports such animals, or (2) receives any funds from the state or local government or any agency or instrumentality thereof to finance its operations by means of grants, loans or otherwise. See Michigan Laws 287.381
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Rule: means a rule promulgated pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24. See Michigan Laws 287.523
  • sale: means the exchange of ownership. See Michigan Laws 287.523
  • Seizure order: means a seizure order issued by the director pursuant to section 15. See Michigan Laws 287.523
  • 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
  • Slaughterer: means any person regularly engaged in the commercial slaughtering of livestock. See Michigan Laws 287.551
  • 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
  • Statute: A law passed by a legislature.
  • Stockyard: means any place, establishment or facility commonly known as a stockyard, conducted or operated for compensation or profit as a public market, consisting of pens or other enclosures, and their appurtenances, for the handling, keeping and holding of livestock for the purpose of sale or shipment. See Michigan Laws 287.551
  • Ton: means a net weight of 2,000 pounds avoirdupois. See Michigan Laws 287.523
  • Trustee: A person or institution holding and administering property in trust.
  • Unincorporated cooperative: means either of the following:
  •   (i) An association of 2 or more persons that is organized on a cooperative basis and that is not a corporation. See Michigan Laws 450.3104
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o