FrankGoortani/open-us-law huggingface dataset:
Mich. Comp. Laws § 125.2088f — MI Code / Chapter 125 / Act Act-270-of-1984 / Section 125.2088f
Venture capital investment program.
Status: in_force

Sec. 88f.

(1) When creating programs for 21st century investments under this chapter, the fund shall create and operate the venture capital investment program. The fund board shall authorize investments that must invest only in or alongside a qualified venture capital fund that invests primarily in early stage businesses in this state. The venture capital investment program must do all of the following:

(a) Provide that the return on investment that is sought is greater than the return on investment under the commercial loan portion of the loan enhancement program to reflect the greater risk and track actual return on investment performance comparison between venture capital investment and commercial loan enhancement investments on an ongoing basis in the annual report.

(b) Provide that the qualified venture capital fund will have an amount at risk greater than the fund's investment.

(c) Provide that a qualified venture capital fund is not eligible to participate in a venture capital investment program unless it operates a business development office in this state staffed with at least 1 full-time equivalent employee who is actively seeking opportunities for venture capital investments in businesses located in this state.

(d) Provide that a qualified venture capital fund is not eligible to participate in a venture capital investment program unless it agrees to make venture capital investments in this state at a percentage rate that is not less than the percentage rate that the fund's investment in the qualified venture capital fund bears to the total amount in the qualified venture capital fund.

(e) Provide that a qualified venture capital fund is not eligible to participate in a venture capital investment program if its investment strategy provides for the breakup and liquidation of businesses. The fund board shall make sure that the agreements with a venture capital fund have the appropriate provisions to prohibit the actions described in this subdivision.

(f) Provide that a qualified venture capital fund may make follow-up investments that were eligible for investment at the time of initial investment but that subsequently may not be characterized as an investment in an early stage business.

(2) The fund board may limit overhead rates for recipients of awards to reflect actual overhead, administrative fees, and management fees, to an amount as determined by the fund board, which overhead rates must not exceed 25% of the award. Start-up costs may be reimbursed as determined by the fund board.

History: Add. 2005, Act 225, Imd. Eff. Nov. 21, 2005; Am. 2012, Act 221, Imd. Eff. June 28, 2012; Am. 2024, Act 190, Eff. Apr. 2, 2025
Mich. Comp. Laws § 440.9609 — MI Code / Chapter 440 / Act Act-174-of-1962 / Section 440.9609
Secured party's right to take possession after default.
Status: in_force

Sec. 9609.

After default, a secured party may do 1 or more of the following:

Take possession of the collateral.

Without removal, render equipment unusable and dispose of collateral on a debtor's premises under section 9610.

A secured party may proceed under subsection (1) either pursuant to judicial process, or without judicial process if it proceeds without breach of the peace.

If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party that is reasonably convenient to both parties.

History: Add. 2000, Act 348, Eff. July 1, 2001
Mich. Comp. Laws § 440.3202 — MI Code / Chapter 440 / Act Act-174-of-1962 / Section 440.3202
Negotiation; effective although subject to rescission or other remedies.
Status: in_force

Sec. 3202.

Negotiation is effective even if obtained ( i ) from an infant, a corporation exceeding its powers, or a person without capacity, ( ii ) by fraud, duress, or mistake, or ( iii ) in breach of duty or as part of an illegal transaction.

To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.

History: 1962, Act 174, Eff. Jan. 1, 1964; Am. 1993, Act 130, Eff. Sept. 30, 1993
Mich. Comp. Laws § 722.21 — MI Code / Chapter 722 / Act Act-91-of-1970 / Section 722.21
Child custody act; short title.
Status: in_force

Sec. 1.

This act shall be known and may be cited as the "child custody act of 1970".

History: 1970, Act 91, Eff. Apr. 1, 1971
Mich. Comp. Laws § 600.3252 — MI Code / Chapter 600 / Act Act-236-of-1961 / Section 600.3252
Disposition of surplus money.
Status: in_force

Sec. 3252.

If after any sale of real estate, made as herein prescribed, there shall remain in the hands of the officer or other person making the sale, any surplus money after satisfying the mortgage on which the real estate was sold, and payment of the costs and expenses of the foreclosure and sale, the surplus shall be paid over by the officer or other person on demand, to the mortgagor, his legal representatives or assigns, unless at the time of the sale, or before the surplus shall be so paid over, some claimant or claimants, shall file with the person so making the sale, a claim or claims, in writing, duly verified by the oath of the claimant, his agent, or attorney, that the claimant has a subsequent mortgage or lien encumbering the real estate, or some part thereof, and stating the amount thereof unpaid, setting forth the facts and nature of the same, in which case the person so making the sale, shall forthwith upon receiving the claim, pay the surplus to, and file the written claim with the clerk of the circuit court of the county in which the sale is so made; and thereupon any person or persons interested in the surplus, may apply to the court for an order to take proofs of the facts and circumstances contained in the claim or claims so filed. Thereafter, the court shall summon the claimant or claimants, party, or parties interested in the surplus, to appear before him at a time and place to be by him named, and attend the taking of the proof, and the claimant or claimants or party interested who shall appear may examine witnesses and produce such proof as they or either of them may see fit, and the court shall thereupon make an order in the premises directing the disposition of the surplus moneys or payment thereof in accordance with the rights of the claimant or claimants or persons interested.

History: 1961, Act 236, Eff. Jan. 1, 1963; Am. 1974, Act 297, Eff. Apr. 1, 1975
Mich. Comp. Laws § 390.943 — MI Code / Chapter 390 / Act Act-233-of-1964 / Section 390.943
State higher education facilities commission; expenditure of appropriations.
Status: in_force

Sec. 3.

The commission may take such action as is necessary to comply fully with the provisions of the higher education facilities act of 1963, and amendments thereto. This act shall not be construed as authorizing the commission to spend or incur any obligation to spend state funds in excess of any amount which may be appropriated for such purpose by the legislature.

History: 1964, Act 233, Imd. Eff. May 22, 1964
Mich. Comp. Laws § 324.14514 — MI Code / Chapter 324 / Act Act-451-of-1994 / Section 324.14514
Rules.
Status: in_force

Sec. 14514.

The department may promulgate rules to implement and administer this part.

History: Add. 2004, Act 333, Imd. Eff. Sept. 23, 2004
Mich. Comp. Laws § 37.202 — MI Code / Chapter 37 / Act Act-44-of-1982 / Section 37.202
Definitions.
Status: in_force

Sec. 2.

As used in this act:

"Employee" means an individual who works for another person for compensation.

"Employer" means a person who employs 1 or more persons or who accepts applications for employment, including an agent of an employer.

"Employment agency" means a person regularly undertaking with or without compensation to procure, refer, recruit, or place for an employer or person the opportunity to work for an employer, and includes an agent of that person.

"Examiner" means any person who does any of the following:

Purports to detect deception, verify truthfulness, or provide a diagnostic opinion of either of these through instrumentation or the use of a mechanical device.

Represents that he or she can or does offer the service of detecting deception, verifying truthfulness, or providing a diagnostic opinion of either of these through instrumentation or the use of a mechanical device.

Uses instrumentation or a mechanical device to measure or record an individual's bodily responses or psychophysiological activities to enable or assist the detection of deception, the verification of truthfulness, or the rendering of a diagnostic opinion regarding either of these.

"Person" means an individual, firm, partnership, association, corporation, or other legal entity, this state or an agency of this state, or the federal government or an agency of the federal government.

"Polygraph examination" means a psychological stress evaluator examination or any other procedure which involves the use of instrumentation or a mechanical device to enable or assist the detection of deception, the verification of truthfulness, or the rendering of a diagnostic opinion regarding either of these; including a lie detector test, psychological stress evaluator examination, or similar test.

"Psychological stress evaluator" means any mechanical device or instrument which purports to determine the truth or falsity of statements made by an employee or applicant for employment on the basis of vocal fluctuations or vocal stress.

"Psychological stress evaluator examination" means any of the following:

The questioning or interviewing of an employee or applicant for employment for the purpose of subjecting the statements of the employee or applicant for employment to analysis by a psychological stress evaluator.

The recording of statements made by an employee or applicant for employment for the purpose of subjecting those statements to analysis by a psychological stress evaluator.

The analysis of statements made by an employee or applicant for employment for the purpose of determining the truth or falsity of the statements by the use of a psychological stress evaluator.

History: 1982, Act 44, Eff. Mar. 30, 1983
Mich. Comp. Laws § 408.805 — MI Code / Chapter 408 / Act Act-227-of-1967 / Section 408.805
Inapplicability of act to certain municipalities.
Status: in_force

Sec. 5.

This act does not apply to or in any city, village or township having elevator inspection regulations under ordinances comparable to this act.

History: 1967, Act 227, Eff. Nov. 2, 1967
Mich. Comp. Laws § 24.325 — MI Code / Chapter 24 / Act Act-306-of-1969 / Section 24.325
Judicial review; modification of final action; making award pursuant to MCL 600.2421d.
Status: in_force

Sec. 125.

A party that is dissatisfied with the final action taken by the presiding officer under section 123 in regard to costs and fees may seek judicial review of that action pursuant to chapter 6.

The court reviewing the final action of a presiding officer pursuant to subsection (1) may modify that action only if the court finds that the failure to make an award or the making of an award was an abuse of discretion, or that the calculation of the amount of the award was not based on substantial evidence.

An award of costs and fees made by a court under this section shall only be made pursuant to section 2421d of Act No. 236 of the Public Acts of 1961, being section 600.2421d of the Michigan Compiled Laws.

History: Add. 1984, Act 196, Imd. Eff. July 3, 1984
Mich. Comp. Laws § 780.62 — MI Code / Chapter 780 / Act Act-257-of-1966 / Section 780.62
Release upon own recognizance; failure to appear, misdemeanor; forfeiture.
Status: in_force

Sec. 2.

When from all the circumstances involving traffic offenses in violation of state law, township traffic ordinances or municipal traffic ordinances or any misdemeanor offense, the court is of the opinion that the accused will appear as required either before or after conviction the accused may be released on his own recognizance. A failure to appear as required by such recognizance is a misdemeanor and any obligated sum fixed in the recognizance shall be forfeited and collected in accordance with section 6.

This section shall be liberally construed to effectuate the purpose of relying upon criminal sanctions instead of financial loss to assure the appearance of the accused.

History: 1966, Act 257, Eff. Mar. 10, 1967
Mich. Comp. Laws § 24.6 — MI Code / Chapter 24 / Act Act-44-of-1899 / Section 24.6
Official journal of senate and house of representatives; printing; binding; quantity; retention; availability on internet; additional copies.
Status: in_force

Sec. 6.

(1) The official journal of the senate and house of representatives shall be printed and bound, in volumes of convenient size in a quantity to be determined by the secretary of the senate and the clerk of the house of representatives. The secretary of the senate shall retain at least 1 printed and bound copy of the senate journal, the clerk of the house of representatives shall retain at least 1 printed and bound copy of the house journal, and 1 printed and bound copy of each journal shall be provided to the library of Michigan. The official journal of the senate and house of representatives shall be made available to the public on the internet.

(2) Additional copies may be provided to any governmental officers and agencies and libraries, when approved by the secretary of the senate or the clerk of the house of representatives, or both.

History: 1899, Act 44, Imd. Eff. Apr. 18, 1899; CL 1915, 825; CL 1929, 491; Am. 1933, Act 3, Imd. Eff. Feb. 13, 1933; Am. 1939, Act 40, Imd. Eff. Apr. 19, 1939; CL 1948, 24.6; Am. 1983, Act 97, Imd. Eff. June 23, 1983; Am. 2014, Act 357, Imd. Eff. Dec. 9, 2014
Mich. Comp. Laws § 400.791 — MI Code / Chapter 400 / Act Act-291-of-2012 / Section 400.791
Definitions.
Status: in_force

Sec. 1.

As used in this act:

(a) "Departments" means the department of community health, the department of human services, and the department of education.

(b) "Evidence-based program" means a home visitation program described in section 3.

(c) "Home visitation" means a voluntary service delivery strategy that is carried out in relevant settings, primarily in the homes of families with children ages 0 to 5 years and pregnant women.

(d) "Home visiting system" means the infrastructure and programs that support and provide home visitation.

(e) "Promising program" means a home visitation program described in section 3.

History: 2012, Act 291, Eff. Mar. 28, 2013
Mich. Comp. Laws § 486.104 — MI Code / Chapter 486 / Act Act-202-of-1887 / Section 486.104
Board of directors; members, election, qualification.
Status: in_force

Sec. 4.

The business and property of such company shall be managed and directed by a board of not less than 5 nor more than 7 directors, who shall be elected annually, and at such time and place as said by-laws may direct. No person shall be a director unless he is a stockholder in the corporation.

History: 1887, Act 202, Imd. Eff. June 18, 1887; How. 3895u; CL 1897, 6809; CL 1915, 8907; CL 1929, 11842; CL 1948, 486.104
Mich. Comp. Laws § 38.1308 — MI Code / Chapter 38 / Act Act-300-of-1980 / Section 38.1308
Definitions; S, T.
Status: in_force

Sec. 8.

(1) "Service" means personal service performed as a public school employee or creditable under this act.

(2) "Simple interest" means interest at 1 or more rates per annum determined by the retirement board.

(3) "State of Michigan service" means service performed as a state employee in the classified or unclassified service under the state employees' retirement act, 1943 PA 240, MCL 38.1 to 38.69.

(4) "Teacher" means a person employed by a reporting unit who is engaged in teaching, who is engaged in administering and supervising teaching, or who is under a teacher's contract with a reporting unit.

(5) "Tier 1" means the retirement plan available to a member under this act.

(6) "Tier 2" means the state of Michigan 457 plan established under section 457 of the internal revenue code, 26 USC 457, for elective employee contributions and the state of Michigan 401(k) plan established under section 401(k) of the internal revenue code, 26 USC 401, for employer contributions.

(7) "Transition date" means the first day of the pay period that begins on or after February 1, 2013 for the applicable member. The retirement system shall determine a method of determining service credit, compensation, and any applicable contributions for purposes of implementing provisions of this act that refer to the transition date.

(8) "Transitional public employment program" means participation in public service employment programs in the areas of environmental quality, health care, education, public safety, crime prevention and control, prison rehabilitation, transportation, recreation, maintenance of parks, streets, and other public facilities, solid waste removal, pollution control, housing and neighborhood improvements, rural development, conservation, beautification, veterans' outreach, and other fields of human betterment and community improvement as part of a program of comprehensive manpower services authorized, undertaken, and financed under the comprehensive employment and training act of 1973, former Public Law 93-203, 87 Stat. 839.

History: 1980, Act 300, Imd. Eff. Oct. 31, 1980; Am. 1996, Act 488, Eff. Mar. 31, 1997; Am. 1997, Act 143, Imd. Eff. Nov. 19, 1997; Am. 2012, Act 300, Imd. Eff. Sept. 4, 2012; Am. 2012, Act 359, Imd. Eff. Dec. 14, 2012
Mich. Comp. Laws § 432.209b — MI Code / Chapter 432 / Act Initiated-Law-1-of-1996 / Section 432.209b
Televised simulcast horse races.
Status: in_force

Sec. 9b.

(1) Except as provided in section 12, a person who holds a casino license issued under this act shall not televise or allow any other person to televise simulcast horse races on the premises of the casino.

(2) As used in this section, "simulcast" means the live transmission of video and audio signals conveying a horse race held either in or outside of this state.

History: Add. 1997, Act 69, Imd. Eff. July 17, 1997; Am. 2019, Act 158, Imd. Eff. Dec. 20, 2019
Mich. Comp. Laws § 555.21 — MI Code / Chapter 555 / Act R-S-of-1846 / Section 555.21
Express trust; mention in instrument; invalidity of certain acts of trustee.
Status: in_force

Sec. 21.

When the trust shall be expressed in the instrument creating the estate, every sale, conveyance, or other acts of the trustees, in contravention of the trust, shall be absolutely void.

History: R.S. 1846, Ch. 63; CL 1857, 2651; CL 1871, 4134; How. 5583; CL 1897, 8849; CL 1915, 11585; CL 1929, 12987; CL 1948, 555.21
Mich. Comp. Laws § 750.234f — MI Code / Chapter 750 / Act Act-328-of-1931 / Section 750.234f
Possession of firearm by person less than 18 years of age; exceptions; violation as misdemeanor; penalty.
Status: in_force

Sec. 234f.

Except as provided in subsection (2), an individual less than 18 years of age shall not possess a firearm in public except under the direct supervision of an individual 18 years of age or older.

Subsection (1) does not apply to an individual less than 18 years of age who possesses a firearm in accordance with part 401 (wildlife conservation) of the natural resources and environmental protection act, Act No. 451 of the Public Acts of 1994, being sections 324.40101 to 324.40119 of the Michigan Compiled Laws, or part 435 (hunting and fishing licensing) of Act No. 451 of the Public Acts of 1994, being sections 324.43501 to 324.43561 of the Michigan Compiled Laws. However, an individual less than 18 years of age may possess a firearm without a hunting license while at, or going to or from, a recognized target range or trap or skeet shooting ground if, while going to or from the range or ground, the firearm is enclosed and securely fastened in a case or locked in the trunk of a motor vehicle.

An individual who violates this section is guilty of a misdemeanor, punishable by imprisonment for not more than 90 days, or a fine of not more than $100.00, or both.

History: Add. 1990, Act 321, Eff. Mar. 28, 1991; Am. 1992, Act 218, Imd. Eff. Oct. 13, 1992; Am. 1996, Act 80, Imd. Eff. Feb. 27, 1996
Mich. Comp. Laws § 123.771 — MI Code / Chapter 123 / Act Act-185-of-1957 / Section 123.771
Condemnation; authority.
Status: in_force

Sec. 41.

A county operating under this act is hereby authorized to take private property necessary for any purpose within the scope of its powers under this act, for the use or benefit of the public and to institute and prosecute proceedings for that purpose.

History: 1957, Act 185, Imd. Eff. June 4, 1957
Mich. Comp. Laws § 15.565 — MI Code / Chapter 15 / Act Act-152-of-2011 / Section 15.565
Collective bargaining agreement or other contract in effect; inconsistent terms.
Status: in_force

Sec. 5.

(1) If a collective bargaining agreement or other contract that is inconsistent with sections 3 and 4 is in effect for 1 or more employees of a public employer on September 27, 2011, the requirements of section 3 or 4 do not apply to an employee covered by that contract until the contract expires. A public employer's expenditures for medical benefit plans under a collective bargaining agreement or other contract described in this subsection shall be excluded from calculation of the public employer's maximum payment under section 4. The requirements of sections 3 and 4 apply to any extension or renewal of the contract.

(2) A collective bargaining agreement or other contract that is executed on or after September 27, 2011 shall not include terms that are inconsistent with the requirements of sections 3 and 4.

History: 2011, Act 152, Imd. Eff. Sept. 27, 2011; Am. 2013, Act 272, Imd. Eff. Dec. 30, 2013
Mich. Comp. Laws § 798.13 — MI Code / Chapter 798 / Act Act-287-of-1988 / Section 798.13
Special alternative incarceration units; establishment; purposes; transportation to unit; processing; transfer.
Status: in_force

Sec. 3.

The department shall establish special alternative incarceration units for the purpose of housing and training probationers eligible for special alternative incarceration pursuant to section 3b of chapter XI of the code of criminal procedure, Act No. 175 of the Public Acts of 1927, being section 771.3b of the Michigan Compiled Laws. A probationer who is placed in a unit by a court shall be transported by the county sheriff directly to a unit and shall not be processed through the department's reception center for prisoners. The department may transfer a probationer from 1 unit to another unit at the department's discretion, during the probationer's incarceration in a unit.

The department shall establish special alternative incarceration units for the purpose of housing and training prisoners eligible for special alternative incarceration pursuant to section 34a of Act No. 232 of the Public Acts of 1953, being section 791.234a of the Michigan Compiled Laws.

History: 1988, Act 287, Imd. Eff. Aug. 1, 1988; Am. 1992, Act 23, Imd. Eff. Mar. 19, 1992