FrankGoortani/open-us-law huggingface dataset:
Mich. Comp. Laws § 487.3405 — MI Code / Chapter 487 / Act Act-354-of-1996 / Section 487.3405
Venture capital investments; “professional investor” and “venture capital” defined.
Status: in_force

Sec. 405.

Except as otherwise provided by this act and in its articles of incorporation, a savings bank may make venture capital investments, or may invest in equity securities of a professional investor a majority of whose assets consist of venture capital investments.

If a savings bank makes a venture capital investment under subsection (1), an officer or director of the savings bank shall not hold an equity position in the financed company, and the savings bank shall not invest more than 50% of the company.

A savings bank's investment under subsection (1) in any 1 entity shall not exceed an amount equal to 5% of the capital and surplus of the savings bank, and all investments under subsection (1) shall not exceed an amount equal to 10% of the capital and surplus of the savings bank.

This section does not limit the authority of a savings bank to exercise lending or investment powers which are otherwise authorized by law.

As used in this section:

"Professional investor" means an investment company registered under the investment company act of 1940, title I of chapter 686, 54 Stat. 789, 15 U.S.C. 80a-1 to 80a-64, a pension or profit sharing trust or other institutional buyer, or a person, partnership, or other entity a majority of whose resources are dedicated to investing in equity or debt securities and whose net worth exceeds $500,000.00 prior to the savings bank's investment.

"Venture capital" means equity financing that is provided for starting up or expanding a company, or related purposes such as financing for seed capital, research and development, introduction of a product or process into the marketplace, or similar needs requiring risk capital. A venture capital investment shall not include the purchase of a share of stock in a company if, on the date on which the share of stock is purchased, the company has securities outstanding that are registered on a national securities exchange under section 12(b) of title I of the securities exchange act of 1934, chapter 404, 48 Stat. 892, 15 U.S.C. 78( l ), that are registered or required to be registered under section 12(g) of that act, or which would be required to be so registered except for the exemptions in section 12(g)(2) of that act.

History: 1996, Act 354, Imd. Eff. July 1, 1996
Mich. Comp. Laws § 324.42503 — MI Code / Chapter 324 / Act Act-451-of-1994 / Section 324.42503
Shipping permits; contents; label; confiscation.
Status: in_force

Sec. 42503.

Any dealer who desires to ship or transport out of the state any fur-bearing animals or the raw skins of fur-bearing animals, or parts thereof, or the plumage, skins, or hides, or parts thereof, of protected game birds and game animals legally taken or killed in the state during the open season, shall first procure a permit from the department. The permit shall state the names of the consignee and consignor, destination and number and kinds of fur-bearing animals, or the raw skins of fur-bearing animals, or parts thereof, or the plumage, skins, or hides, or parts thereof, of protected game birds and game animals that are to be shipped or transported, and the permit shall be presented to transportation company with consignment. All shippers of fur-bearing animals, or the raw skins of fur-bearing animals, or parts thereof, or the plumage, skins, or hides, or parts thereof, of protected game birds and game animals are required to label all packages offered for shipment by parcel post, common carrier, or otherwise. The label shall be securely attached to the package, and shall plainly indicate the names and addresses of the consignee and consignor and the complete contents of the package. A person or the agent or employee of any common carrier, association, stage, express, railway, or transportation company shall not transport or receive for transportation or carriage, or sell or offer for sale, any fur-bearing animals legally taken during the open season for that animal, or the raw skins of such a fur-bearing animal, or part thereof, or the plumage, skin, or hide, or parts thereof, of protected game birds and game animals except as specifically provided for by this part. All fur-bearing animals, or the raw skins of fur-bearing animals, or parts thereof, or the plumage, skins, or hides, or parts thereof, of protected game birds and game animals possessed or that have been shipped or are being transported in violation of this part, shall be confiscated and disposed of as provided by law.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Mich. Comp. Laws § 333.22107 — MI Code / Chapter 333 / Act Act-368-of-1978 / Section 333.22107
Departmental responsibilities; standard surveys; plan of corrections; revisits; letter of compliance.
Status: in_force

Sec. 22107.

(1) When preparing to conduct any standard survey, the department shall determine if there is an open survey cycle and make every reasonable effort to confirm that substantial compliance has been achieved by implementing the nursing home's accepted plan of correction before initiating the standard survey while maintaining the federal requirement for a standard survey interval and the state survey average of 12 months.

(2) All abbreviated complaint surveys must be conducted on consecutive days until complete. All form CMS-2567 reports of survey findings must be released to the nursing home within 10 consecutive days after completion of the exit date of the survey.

(3) Departmental notifications of acceptance or rejection of a nursing home's plan of correction must be reviewed and released to the nursing home within 10 consecutive days after the receipt of the plan of correction.

(4) A nursing-home-submitted plan of correction in response to any survey must have a completion date not to exceed 40 days from the exit date of the survey. If a nursing home has not received additional citations before a revisit occurs, the department shall conduct the first revisit not more than 60 days from the exit date of the survey.

(5) A letter of compliance notification to a nursing home must be released to the nursing home within 10 consecutive days after the exit date of all revisits.

History: Add. 2022, Act 187, Imd. Eff. July 25, 2022
Mich. Comp. Laws § 324.20106 — MI Code / Chapter 324 / Act Act-451-of-1994 / Section 324.20106
Level of funding; recommendation of governor.
Status: in_force

Sec. 20106.

The governor shall include in his or her annual budget recommendations to the legislature a recommended level of funding to provide for the activities necessary to implement this part.

The governor's recommendations under this section shall be accompanied by a site specific description of the extent of known or suspected environmental contamination, the recommended response activities to be undertaken, and an estimate of cost of those response activities.

History: 1994, Act 451, Eff. Mar. 30, 1995
Mich. Comp. Laws § 252.6 — MI Code / Chapter 252 / Act Act-381-of-1925 / Section 252.6
Inter-county highway commission; officers; employees; records; warrants; reports; depositories; interest; secured deposits; limitation on acceptable assets; “financial institution” defined.
Status: in_force

Sec. 6.

Within the limits of the funds provided by participating counties, the commission shall name its officers from its membership, except as otherwise provided in this act, and shall appoint engineers, attorneys, officers, agents, and other employees as may be necessary to carry out its duties.

The commission shall keep a record of its proceedings and designate 2 or more of its members to sign and countersign all warrants, drafts, checks, and orders for the payment of money.

The commission shall make an annual report to each county in the district of money received and expended and shall designate a financial institution as the depository of its funds and arrange for interest on daily balances.

Assets acceptable for pledging to secure deposits of commission funds are limited to any of the following:

Assets considered acceptable to the state treasurer under section 3 of 1855 PA 105, MCL 21.143, to secure deposits of state surplus funds.

Any of the following:

Securities issued by the federal home loan mortgage corporation.

Securities issued by the federal national mortgage association.

Securities issued by the government national mortgage association.

Other securities considered acceptable to the commission and the financial institution.

As used in this section, “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 which maintains a principal office or branch office located in this state under the laws of this state or the United States.

History: 1925, Act 381, Eff. Aug. 27, 1925; CL 1929, 4473; CL 1948, 252.6; Am. 1955, Act 195, Imd. Eff. June 17, 1955; Am. 1997, Act 38, Imd. Eff. June 30, 1997
Mich. Comp. Laws § 780.112 — MI Code / Chapter 780 / Act Act-161-of-1967 / Section 780.112
Uniform rendition of prisoners as witnesses in criminal proceedings act; definitions.
Status: in_force

Sec. 2.

As used in this act:

"Witness" means a person who is confined in a penal institution in any state and whose testimony is desired in another state in any criminal proceeding or investigation by a grand jury or in any criminal action before a court.

"Penal institutions" includes a jail, prison, penitentiary, house of correction or other place of penal detention.

"State" includes any state of the United States, the district of Columbia, the commonwealth of Puerto Rico, and any territory of the United States.

History: 1967, Act 161, Imd. Eff. June 30, 1967
Mich. Comp. Laws § 445.1853 — MI Code / Chapter 445 / Act Act-162-of-1995 / Section 445.1853
Scope of act.
Status: in_force

Sec. 3.

This act does not authorize a regulated lender to make an extension of credit of a type that is not permitted by the act under which the regulated lender is chartered, organized, licensed, regulated, or otherwise authorized to extend credit.

History: 1995, Act 162, Eff. Mar. 28, 1996
Mich. Comp. Laws § 440.2725 — MI Code / Chapter 440 / Act Act-174-of-1962 / Section 440.2725
Statute of limitations in contracts for sale; contractual reduction.
Status: in_force

Sec. 2725.

An action for breach of any contract for sale must be commenced within 4 years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than 1 year but may not extend it.

A cause of action accrues when the breach occurs, regardless of the aggrieved party's lack of knowledge of the breach. A breach of warranty occurs when tender of delivery is made, except that where a warrant explicitly extends to future performance of the goods and discovery of the breach must await the time of such performance the cause of action accrues when the breach is or should have been discovered.

Where an action commenced within the time limited by subsection (1) is so terminated as to leave available a remedy by another action for the same breach such other action may be commenced after the expiration of the time limited and within 6 months after the termination of the first action unless the termination resulted from voluntary discontinuance or from dismissal for failure or neglect to prosecute.

This section does not alter the law on tolling of the statute of limitations nor does it apply to causes of action which have accrued before this act becomes effective.

History: 1962, Act 174, Eff. Jan. 1, 1964
Mich. Comp. Laws § 388.1760 — MI Code / Chapter 388 / Act Act-94-of-1979 / Section 388.1760
Request for waiver from requirements of MCL 380.1284b.
Status: in_force

Sec. 160.

If a district or intermediate district requests the superintendent to grant a waiver for the district or intermediate district from the requirements of section 1284b of the revised school code, MCL 380.1284b, that district or intermediate district shall use a portion of its funding under this article to conduct a public hearing to be held before the waiver is granted at a location within the district or intermediate district. The department may participate in a hearing held under this section at its discretion.

History: Add. 2017, Act 108, Eff. Oct. 1, 2017; Am. 2019, Act 58, Eff. Oct. 1, 2019
Mich. Comp. Laws § 600.1354 — MI Code / Chapter 600 / Act Act-236-of-1961 / Section 600.1354
Noncompliance with chapter as grounds for requesting continuance or claiming invalidity of verdict; data processing error as grounds for questioning list selected.
Status: in_force

Sec. 1354.

Failure to comply with the provisions of this chapter shall not be grounds for a continuance nor shall it affect the validity of a jury verdict unless the party requesting the continuance or claiming invalidity has made timely objection and unless the party demonstrates actual prejudice to his cause and unless the noncompliance is substantial. An objection made at the day of a scheduled trial shall not be considered timely unless the objection, with the exercise of reasonable diligence, could not have been made at an earlier time.

If a data processing error occurs, that error shall not constitute grounds for questioning the entire list selected but only the specific person affected.

History: Add. 1969, Act 326, Eff. Sept. 1, 1969; Am. 1978, Act 11, Imd. Eff. Feb. 8, 1978
Mich. Comp. Laws § 768.4 — MI Code / Chapter 760 / Act Act-175-of-1927 / Section 768.4
Proof of felony at trial for misdemeanor; effect.
Status: in_force

Sec. 4.

If, upon the trial of any person for a misdemeanor, the facts given in evidence amount in law to a felony, he shall not by reason thereof, be entitled to an acquittal of such misdemeanor, and no person tried for such misdemeanor shall be liable to be afterwards prosecuted for felony on the same facts, unless the court before which the trial shall be had, shall discharge the jury from giving any verdict upon such trial, and shall direct such person to be indicted for felony.

History: 1927, Act 175, Eff. Sept. 5, 1927; CL 1929, 17297; CL 1948, 768.4
Mich. Comp. Laws § 500.6804 — MI Code / Chapter 500 / Act Act-218-of-1956 / Section 500.6804
Farmers' mutuals; organization; insuring powers.
Status: in_force

Sec. 6804.

Any number of persons not less than 25 may associate together for the purpose of mutual insurance of the property of its members against loss or damage by inherent explosion, fire, lightning, riot, riot attending a strike, aircraft, smoke or vehicles, which property to be insured by companies organized or operating under this section shall embrace only farm property or property located in a village or city of less than 5,500 inhabitants used by a farmer exclusively for his own storage purposes, which property is not associated in any way with any retail, wholesale or processing operation, country churches, schoolhouses, lodge halls and town halls and their contents, in any township; and churches, schoolhouses and dwellings and accompanying outbuildings and their contents situated within the corporate limits of cities or villages having a population not in excess of 5,500 inhabitants; and any buildings and contents, located on county agricultural fairgrounds, used for fair purposes or for boys and girls club work: Provided, That such property has adequate fire protection.

History: 1956, Act 218, Eff. Jan. 1, 1957; Am. 1957, Act 168, Eff. Sept. 27, 1957
Mich. Comp. Laws § 457.686 — MI Code / Chapter 457 / Act Act-71-of-1901 / Section 457.686
Subordinate council; incorporation; filing copy of articles with department of commerce; signers of articles, associates, and successors as body politic and corporate; powers.
Status: in_force

Sec. 6.

Any number of persons, not less than 10, residents of this state being members of the subordinate council of the Alliance Marquette of the state of Michigan, having been duly chartered by the grand council thereof, desiring to become incorporated may make and execute articles of association specifying and providing as in section 2 of this act, and file a copy of the same with the corporation and securities bureau of the department of commerce, and thereupon the persons who shall have signed said articles of association, their associates and successors shall be a body politic and corporate by the name expressed in such articles of association and provided by the grand council chartering such subordinate council, and by such name they and their successors shall have succession and shall be persons in the law capable to purchase, hold, enjoy, grant, sell, give, lease, and demise real and personal estate, of suing and being sued, and may have a common seal and change and alter the same at pleasure, and a certified copy of the record of such articles of association, under the seal of the corporation and securities bureau of the department of commerce shall be received as prima facie evidence in all courts of this state of the existence and due incorporation of such corporation: Provided, Said association shall be limited to the powers and provisions of section 3 of this act regarding real and personal estate, and the proceeds thereof under the rules and regulations of the grand council, and may elect or appoint from among its members such officers under such name and style as shall be in accordance with the constitution of said grand council.

History: 1901, Act 71, Imd. Eff. Apr. 18, 1901; CL 1915, 10621; CL 1929, 10829; CL 1948, 457.686; Am. 1982, Act 101, Imd. Eff. Apr. 19, 1982
Mich. Comp. Laws § 333.2613 — MI Code / Chapter 333 / Act Act-368-of-1978 / Section 333.2613
Nature of data to be defined by rule.
Status: in_force

Sec. 2613.

The department shall define by rule the nature of data collected, compiled, processed, used, or shared by the department pursuant to and consistent with section 2611(2).

History: 1978, Act 368, Eff. Sept. 30, 1978
Mich. Comp. Laws § 87.22 — MI Code / Chapter 81 / Act Act-215-of-1895 / Section 87.22
Street commissioner; duties.
Status: in_force

Sec. 22.

It shall be the duty of the street commissioner to perform or cause to be performed, all such labor, repairs and improvements upon the highways, streets, sidewalks, alleys, bridges, reservoirs, drains, culverts, sewers, public grounds and parks within the city as the council shall direct to be done by or under his supervision; and to oversee and do whatever may be required of him in relation thereto by the council.

History: 1895, Act 215, Eff. Aug. 30, 1895; CL 1897, 3044; CL 1915, 2960; CL 1929, 1884; CL 1948, 87.22
Mich. Comp. Laws § 280.578 — MI Code / Chapter 280 / Act Act-40-of-1956 / Section 280.578
Deputy for director of agriculture; powers.
Status: in_force

Sec. 578.

The director of agriculture may designate a deputy to act in his stead in respect to the performance of his duties under this chapter. Where any deputy so acts, it shall be conclusively presumed that he was properly designated by the director of agriculture. Any official proceedings may be signed by such deputy in his own name. The signature of such deputy shall be followed by his official title. Where a deputy has been designated by the director of agriculture to act in his stead in connection with all the proceedings as to any project, then any notice required to be served upon or mailed to the director of agriculture may be served upon or mailed to such deputy. The director of agriculture is hereby empowered to appoint a deputy who shall have power to act in his place under any and all circumstances in respect to matters within the scope of this chapter, irrespective of whether or not he is authorized to appoint a general deputy.

History: 1956, Act 40, Imd. Eff. Mar. 28, 1956
Mich. Comp. Laws § 330.1476 — MI Code / Chapter 330 / Act Act-258-of-1974 / Section 330.1476
Discretionary discharge; mandatory discharge; notice; statements.
Status: in_force

Sec. 476.

The hospital director may at any time discharge a voluntarily or judicially hospitalized patient whom the hospital director considers clinically suitable for discharge.

The hospital director shall discharge a patient hospitalized by court order when the patient's mental condition is such that he or she no longer meets the criteria of a person requiring treatment.

If a patient discharged under subsection (1) or (2) has been hospitalized by court order, or if court proceedings are pending, the court shall be notified of the discharge by the hospital.

If the court orders a person to be hospitalized under an initial or continuing order for hospitalization subsequent to dismissal of felony charges under section 1044(1)(b), the court shall include both of the following statements in the initial or continuing order unless the time for petitioning to refile charges under section 1044 has elapsed:

A requirement that not less than 30 days before the patient's scheduled release or discharge, the director of the treating facility shall notify the prosecutor's office in the county in which charges against the person were originally brought that the patient's release or discharge is pending.

A requirement that not less than 30 days before the scheduled release or discharge, the patient to be released or discharged undergo a competency examination as described in section 1026. A copy of the written report of the examination along with the notice required in subdivision (a) shall be submitted to the prosecutor's office in the county in which the charges against the patient were originally brought. The written report is admissible as provided in section 1030(3).

History: 1974, Act 258, Eff. Nov. 6, 1974; Am. 1995, Act 290, Eff. Mar. 28, 1996; Am. 1998, Act 382, Imd. Eff. Oct. 23, 1998
Mich. Comp. Laws § 485.6 — MI Code / Chapter 485 / Act Act-233-of-1875 / Section 485.6
Directors; quorum; selection of officers.
Status: in_force

Sec. 6.

A majority of the directors shall be a board for the transaction of business. At the first meeting after their election, they may elect 1 of their number president, and appoint such other officers as the articles of association or by-laws require.

History: 1875, Act 233, Imd. Eff. May 4, 1875; How. 3825; CL 1897, 6701; CL 1915, 8802; CL 1929, 11737; CL 1948, 485.6
Mich. Comp. Laws § 454.1 — MI Code / Chapter 454 / Act Act-188-of-1857 / Section 454.1
Mechanics' associations; incorporation, purposes.
Status: in_force

Sec. 1.

That associations may be formed and incorporated for the purposes of promoting the mechanic arts in this state, for the relief of distressed mechanics whether members of any such association or otherwise and for such other charitable purposes as may be deemed proper by such association connected with the mechanical and architectural arts.

History: 1857, Act 188, Imd. Eff. Feb. 17, 1857; CL 1857, 1788; CL 1871, 2795; How. 3924; CL 1897, 7423; CL 1915, 9795; CL 1929, 10262; CL 1948, 454.1