reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 550 of 2016 - Bad-Faith Patent Infringement Claims Act (446.161 - 446.173) › Section 446.169c - Temporary or Permanent Injunction; Action by Attorney General; Notice; Award of Investigation and Enforcement Costs; Civil Fine; Violation of Terms of Injunction or Judgment; Enjoining Person From Doing Business in State.

446.169c Temporary or permanent injunction; action by attorney general; notice; award of investigation and enforcement costs; civil fine; violation of terms of injunction or judgment; enjoining person from doing business in state.
Sec. 9c.
(1) If the attorney general has probable cause to believe that a person has engaged, is engaging, or is about to engage in an unlawful practice as described in section 5 and gives notice as provided in this section, the attorney general may bring an action to restrain the person by temporary or permanent injunction from engaging in the practice. The action may be brought in the circuit court of the county where the person is established or conducts business or, if the person is not established in this state, in the circuit court for Ingham County.
(2) Unless notice is waived by the court on good cause shown not less than 10 days before the commencement of an action under this section, the attorney general shall notify the person against whom the attorney general intends to bring an action of the intended action and give the person an opportunity to cease and desist from the alleged unlawful practice or to confer with the attorney general in person, by counsel, or by other representative as to the proposed action before the proposed filing date. The notice may be given to the person by first-class mail, postage prepaid, to his or her usual place of business or, if the person does not have a usual place of business, to his or her last known address, or, if the person is a corporation, only to a resident agent who is designated to receive service of process or to an officer of the corporation.
(3) In an action brought under this section, the court may award investigation and enforcement costs.
(4) In an action brought under this section, the court may assess the defendant a civil fine of not more than $50,000.00.
(5) A person that knowingly violates the terms of an injunction or judgment issued under this section is subject to a civil fine of not more than $5,000.00 for each violation.
(6) On the petition of the attorney general, the circuit court may enjoin a person from doing business in this state if the person persistently and knowingly evades or prevents compliance with an injunction issued under this act.
History:
2016, Act 550, Eff. Oct. 1, 2017
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 550 of 2016 - Bad-Faith Patent Infringement Claims Act (446.161 - 446.173) › Section 446.171 - Scope of Act.

446.171 Scope of act.
Sec. 11.
(1) Subject to section 5, this act does not make it an unlawful practice for a person that owns or has the right to license or enforce a patent to do any of the following:
(a) Advise others of that ownership or right of license or enforcement.
(b) Communicate to others that the patent is available for license or sale.
(c) Notify another of the infringement of the patent.
(d) Seek compensation because of past or present infringement or for a license to the patent.
(2) This act does not limit rights and remedies available to this state or to any person under any other law and does not alter or restrict the attorney general's authority under the Michigan consumer protection act, 1976 PA 331, MCL 445.901 to 445.922, with regard to conduct involving assertions of patent infringement.
(3) This act does not apply to a written or electronic communication sent by any of the following:
(a) An owner or licensee of a patent that is using the patented invention in connection with research, development, production, manufacturing, processing, or delivery of products or materials.
(b) An institution of higher education as that term is defined in section 101 of the higher education act of 1965, 20 USC 1001.
(c) A technology transfer organization whose primary purpose is to facilitate the commercialization of technology developed by an institution of higher education, not-for-profit research institute, or health system.
(d) A person seeking a claim for relief arising under 21 USC 355, 35 USC 271(e)(2), or 42 USC 262.
History:
2016, Act 550, Eff. Oct. 1, 2017
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 550 of 2016 - Bad-Faith Patent Infringement Claims Act (446.161 - 446.173) › Section 446.173 - Effective Date.

446.173 Effective date.
Sec. 13.
This act takes effect October 1, 2017.
History:
2016, Act 550, Eff. Oct. 1, 2017
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.202 - Licenses; Issuance; Contents; Term; Transferability; Fee; Bond; Limitations.

446.202 Licenses; issuance; contents; term; transferability; fee; bond; limitations.
Sec. 2.
(1) The chief executive officer of the governmental unit may grant under his or her hand, and the official seal of his or her office, to any suitable person, corporation, or firm a license authorizing that person, corporation, or firm to conduct the business of a pawnbroker subject to the provisions of this act.
(2) The license shall designate the particular place in the governmental unit where that person, corporation, or firm shall conduct the business. A person, corporation, or firm receiving a license shall not conduct the business in any other place than the place designated in the license.
(3) The term of license is 1 year from date of issuance, unless revoked for cause, and is not transferable.
(4) Before issuance of the license, the applicant shall pay to the treasurer of the governmental unit an annual license fee in the amount determined under subsection (5) and give a bond to the governmental unit in its corporate name, in the penal sum of $3,000.00, with at least 2 sureties, conditioned for the faithful performance of the duties and obligations pertaining to the conduct of the business and for the payment of all costs and damages incurred by any violation of this act. The governmental unit shall approve the bond.
(5) The governmental unit may fix the amount to be paid as the annual license fee at any amount not less than $50.00 or more than $500.00.
(6) Notwithstanding any other provision of this section, the authority of a governmental unit to issue a license under this act is limited as follows:
(a) A county may not issue a license for a location within a city or village with a population greater than 3,000.
(b) A county may not issue a license for a location within a city or village with a population of 3,000 or less or within a township or charter township if that city, village, township, or charter township has established the license fee pursuant to subsection (5).
(c) A township or charter township may not issue a license for a location within a village with a population over 3,000 or a village with a population of 3,000 or less that has established a fee under subsection (5).
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9685 ;-- CL 1948, 446.202 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.203 - Definitions.

446.203 Definitions.
Sec. 3.
As used in this act:
(a) "Chief executive officer" means any of the following:
(i) For a city, the mayor.
(ii) For a village, the village president.
(iii) For a township or charter township, the township supervisor.
(iv) For a county, the county executive or, if there is no county executive, the person designated by a resolution of the county board of commissioners.
(b) "Governmental unit" means a city, township, charter township, county, or incorporated village.
(c) "Internet drop-off store" means a person, corporation, or firm that contracts with other persons, corporations, or firms to offer its personal property or other valuable thing for sale, purchase, consignment, or trade through means of an internet website and meets the conditions described in section 1(3).
(d) "Local police agency" means the police agency of the city, village, or township, or if none, the county sheriff of the county in which the internet drop-off store conducts business.
(e) "Pawnbroker" means a person, corporation, or member, or members of a copartnership or firm, who loans money on deposit, or pledge of personal property, or other valuable thing, other than securities or printed evidence of indebtedness, or who deals in the purchasing of personal property or other valuable thing on condition of selling the same back again at a stipulated price.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9686 ;-- CL 1948, 446.203 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002 ;-- Am. 2006, Act 292, Imd. Eff. July 20, 2006
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.204 - Licensed Pawnbroker; Action Upon Bond.

446.204 Licensed pawnbroker; action upon bond.
Sec. 4.
If any person shall be aggrieved by the conduct of any such licensed pawnbroker, and shall recover judgment against him therefor, such person may, after the return unsatisfied, either in whole or in part, of any execution issued upon said judgment, maintain an action in his own name upon the bond of the said pawnbroker in any court having jurisdiction of the amount of said judgment remaining unsatisfied.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9687 ;-- CL 1948, 446.204
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.205 - Record of Property Received; Contents; Inspection; Form of Permanent Record.

446.205 Record of property received; contents; inspection; form of permanent record.
Sec. 5.
(1) A pawnbroker shall keep a record in English, at the time the pawnbroker receives any article of personal property or other valuable thing by way of pawn, that includes a description of the article, a sequential transaction number, any amount of money loaned on the article, the name, residence, general description, and driver license number, official state personal identification card number, or government identification number of the person from whom the article was received, and the day and hour when the article was received. The record, the place where the business is carried on, and all articles of property in that place of business are subject to examination at any time by the attorney of the governmental unit, local police agency, the county prosecuting attorney of the county in which the governmental unit is situated, or the department of state police.
(2) Upon the receipt of any article of personal property or other valuable thing by way of pawn, the pawnbroker shall make a permanent record of the transaction on a form provided by the pawnbroker that substantially complies with the form described in subsection (4). Each record of transaction shall be completed in duplicate by the pawnbroker, legibly in the English language, and shall contain all applicable information required to complete the record of transaction form under subsection (4). This subsection does not prohibit the use and transmission of the information required in the record of the transaction by means of computer or other electronic media as permitted by the local police agency within the applicable governmental unit.
(3) The pawnbroker shall retain a record of each transaction and, within 48 hours after the property is received, shall send 1 copy of the record of transaction to the local police agency.
(4) The record of transaction form shall be 8-1/2 inches by 11 inches in size and shall be as follows:
RECORD OF TRANSACTION
FRONT
Article
Serial No.
Model No. or Case No.
Lens No. or Move. No.
Trade Name
Color
Size
No. Jewels
Material
Stone Set Design
Description
No.
Kind of Stone
Size
Inscription or Initials
Purchase Price
Amt. Loaned
Dealer
City
Date
Ticket No.
Lady's []
Gent's[]
Wrist []
Pocket[]
Lapel[]
BACK
Operator's License # or Other I.D. #
Customer's Name (PRINT)
Street No. or RFD
City and State
Employed By:
Rolled print of right thumb
(If impossible then some
Age
Height
other fingerprint.
Designate which.)
Weight Race W [] B [] O []
Time Received:
AM
PM
Mail reports within 48 hours to
local officers
[] Male
[] Female
Signature of person taking print
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9688 ;-- CL 1948, 446.205 ;-- Am. 1998, Act 233, Imd. Eff. July 3, 1998 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002
Compiler's Notes:
See Act 469 of 2002 for correct formatting of table in subsection (4).
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.206 - Statement to Police of Articles Received; Contents.

446.206 Statement to police of articles received; contents.
Sec. 6.
A pawnbroker shall make daily, except Sunday, a sworn statement of his or her transactions, describing the articles received, and setting forth the name, residence, and description of the person from whom the articles were received, to the chief of police or chief law enforcement officer of the governmental unit.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- Am. 1927, Act 347, Imd. Eff. June 2, 1927 ;-- CL 1929, 9689 ;-- CL 1948, 446.206 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.207 - Repealed. 1980, Act 199, Imd. Eff. July 10, 1980.

446.207 Repealed. 1980, Act 199, Imd. Eff. July 10, 1980.
Compiler's Notes:
The repealed section pertained to the right of a pawnbroker to deal in secondhand property.
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.208 - Purchaser's Memorandum of Pawn; Contents.

446.208 Purchaser's memorandum of pawn; contents.
Sec. 8.
A pawnbroker, at the time of a loan, shall deliver to the person pawning or pledging any article a memorandum or note signed by him or her, containing the substance of the entry required to be made by him or her in his or her book by section 6. A charge shall not be made or received by the pawnbroker for the entry, memorandum, or note. The memorandum or note shall be consecutively numbered and upon its back shall be printed in English in 12-point type the following: "If interest or charges in excess of 3% per month, plus storage charges provided in this document, are asked or received, this loan is void and of no effect; and the borrower cannot be made to pay back the money loaned, any interest on the loan, or any charges or any part of the charges, and the pawnbroker loses all right to the possession of the goods, article, or thing pawned, and shall surrender the item to the borrower or pawner upon due demand for the item.".
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9691 ;-- CL 1948, 446.208 ;-- Am. 1965, Act 252, Eff. Mar. 31, 1966 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.209 - Interest on Loans; Rate; Storage Charge; Time of Payment; Computation; Fee or Excess Charge Prohibited.

446.209 Interest on loans; rate; storage charge; time of payment; computation; fee or excess charge prohibited.
Sec. 9.
(1) A licensed pawnbroker may charge on any loan a rate of interest that does not exceed 3% per month and is not required to accept any interest less than 50 cents on a single loan. A pawnbroker may also charge $3.00 per month or fraction of a month for the storage of unencumbered personal property under any single pledge or pawn.
(2) A pawnbroker or the pawnbroker's agent or employee shall not charge or receive interest on a loan that exceeds the amounts established in this act.
(3) Interest on a loan is not payable in advance and shall be computed on unpaid monthly balances without compounding.
(4) A pawnbroker is not entitled to any examination fee and shall not make any charge that exceeds the amounts established in this act.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9692 ;-- CL 1948, 446.209 ;-- Am. 1965, Act 252, Eff. Mar. 31, 1966 ;-- Am. 1998, Act 233, Imd. Eff. July 3, 1998 ;-- Am. 2004, Act 585, Imd. Eff. Jan. 4, 2005 ;-- Am. 2018, Act 345, Eff. Jan. 14, 2019
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.210 - Title to Item; Sale of Pledged or Pawned Item; Time of Possession.

446.210 Title to item; sale of pledged or pawned item; time of possession.
Sec. 10.
(1) Subject to section 12, title to an item that is pledged or pawned vests in the pawnbroker 90 days after the pledge or pawn, or after the expiration of any longer period agreed to by the parties, if the borrower has not paid the debt, interest, and charges on the item that was pledged or pawned.
(2) Subject to section 12, a pawnbroker shall not sell any item that was pledged or pawned until the item has remained in the pawnbroker's possession for at least 90 days.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- Am. 1927, Act 347, Imd. Eff. June 2, 1927 ;-- CL 1929, 9693 ;-- CL 1948, 446.210 ;-- Am. 1998, Act 233, Imd. Eff. July 3, 1998 ;-- Am. 2018, Act 345, Eff. Jan. 14, 2019
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.211 - Payment or Tender of Debt Before Sale; Effect as to Title and Right to Property; Agreement to Permit Pawner to Maintain Possession.

446.211 Payment or tender of debt before sale; effect as to title and right to property; agreement to permit pawner to maintain possession.
Sec. 11.
(1) If at any time before the sale of the item pledged or pawned the borrower pays or tenders to the pawnbroker the debt and interest and charges on the item, that payment or tender reinvests the pawner with the title and right of possession to the property pledged.
(2) A pawnbroker may agree in writing, after pledged or pawned unencumbered personal property has been deposited with the pawnbroker, to allow the pawner to maintain possession and use of the pledged or pawned unencumbered personal property during the term of the pawn or pledge transaction. A pawnbroker may take possession of the pledged or pawned property pursuant to section 9609 of the uniform commercial code, 1962 PA 174, MCL 440.9609.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9694 ;-- CL 1948, 446.211 ;-- Am. 1965, Act 252, Eff. Mar. 31, 1966 ;-- Am. 1998, Act 233, Imd. Eff. July 3, 1998 ;-- Am. 2004, Act 585, Imd. Eff. Jan. 4, 2005 ;-- Am. 2018, Act 345, Eff. Jan. 14, 2019
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.213 - Pawned Property; Destruction or Defacing Unlawful; Visibility of Serial Number or Insignia.

446.213 Pawned property; destruction or defacing unlawful; visibility of serial number or insignia.
Sec. 13.
(1) A pawnbroker shall not deface, scratch, obliterate, melt, separate, or break into parts any article or thing received by him or her in pawn, or otherwise or in any manner do, cause, or suffer to be done by others, anything that destroys or tends to destroy the identity of the article or thing, or tends to render the identification of the thing or article more difficult.
(2) A pawnbroker shall not accept by way of pledge, pawn, purchase, or exchange any article or thing that customarily bears a manufacturer's serial number or other identifying insignia unless the number or insignia is plainly visible on the article or thing.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9696 ;-- CL 1948, 446.213 ;-- Am. 2004, Act 585, Imd. Eff. Jan. 4, 2005
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.214 - Pawned Property; Acceptance From Certain Persons Prohibited.

446.214 Pawned property; acceptance from certain persons prohibited.
Sec. 14.
A pawnbroker shall not receive for pawn any article from any person under 18 years of age or a person the pawnbroker suspects as having stolen the article to be pawned.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9697 ;-- CL 1948, 446.214 ;-- Am. 1998, Act 233, Imd. Eff. July 3, 1998
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.216 - Bond of Complainant; Amount, Surety.

446.216 Bond of complainant; amount, surety.
Sec. 16.
The said bond shall be in double the value of the property claimed, with such surety as such court shall approve, and shall be given to the person from whose possession the property was taken, with condition that the obliger so claiming the same will pay all the costs and damages that may be recovered against him by the obligee in any suit brought within 10 days from the date of such bond.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9699 ;-- CL 1948, 446.216
Constitutionality:
Section held unconstitutional as violative of due process clauses of state and federal constitutions for failure to provide adequate notice and opportunity for hearing. Rassner v Federal Collateral Society, Inc, 299 Mich 206; 300 NW 45 (1941).
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.217 - Transaction of Business on Sunday Unlawful.

446.217 Transaction of business on Sunday unlawful.
Sec. 17.
No license granted under the provisions of this act shall authorize any business to be transacted by pawnbrokers on the first day of the week commonly called Sunday.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9700 ;-- CL 1948, 446.217
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.218 - Violation of Act; Penalty.

446.218 Violation of act; penalty.
Sec. 18.
Any person who shall violate any of the provisions of this act, whether as owner, or as clerk, agent, servant or employe, shall be guilty of a misdemeanor and upon conviction thereof in any court of competent jurisdiction be fined not less than 25 dollars nor more than 100 dollars, or by imprisonment in the county jail not less than 10 days nor more than 3 months, or by both such fine and imprisonment in the discretion of the court.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9701 ;-- CL 1948, 446.218
2023 Michigan Compiled Laws › Chapter 446 - Business Regulation › Act 273 of 1917 - Pawnbrokers (446.201 - 446.219) › Section 446.219 - Violation of Act; Revocation of License; Duration.

446.219 Violation of act; revocation of license; duration.
Sec. 19.
Upon a conviction of any person conducting business as a pawnbroker under this act, or on conviction of any clerk, agent, servant, or employee of the person, the chief executive officer of the governmental unit shall revoke the license of the person and no part of the license fee shall be returned to him or her. The governmental unit shall not issue a license as a pawnbroker to that person for the period of 1 year from the date of the revocation.
History:
1917, Act 273, Eff. Aug. 10, 1917 ;-- CL 1929, 9702 ;-- CL 1948, 446.219 ;-- Am. 2002, Act 469, Imd. Eff. June 21, 2002
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 154 of 1963 - Foreign Trade Zones (447.1 - 447.3) › Section 447.1 - Foreign Trade Zones; Definitions.

447.1 Foreign trade zones; definitions.
Sec. 1.
As used in this act:
(a) “Act of congress” means the act of congress approved June 18, 1934, entitled “An act to provide for the establishment, operation and maintenance of foreign trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes”.
(b) “Public corporation” means the state, or any county, township, city or village within the state, or any state or municipal authority or similar organization financed in whole or in part by public funds.
(c) “Private corporation” means any corporation organized pursuant to Act No. 327 of the Public Acts of 1931, as amended, being sections 450.1 to 450.192 of the Compiled Laws of 1948, for the purpose of establishing, operating and maintaining foreign trade zones according to the provisions of this act.
History:
1963, Act 154, Eff. Sept. 6, 1963
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 154 of 1963 - Foreign Trade Zones (447.1 - 447.3) › Section 447.2 - Foreign Trade Zones; Application for Establishment.

447.2 Foreign trade zones; application for establishment.
Sec. 2.
Any public or private corporation may make application for the privilege of establishing, operating and maintaining a foreign trade zone in accordance with the act of congress.
History:
1963, Act 154, Eff. Sept. 6, 1963
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 154 of 1963 - Foreign Trade Zones (447.1 - 447.3) › Section 447.3 - Foreign Trade Zones; Rules and Regulations.

447.3 Foreign trade zones; rules and regulations.
Sec. 3.
Any public or private corporation, whose application is granted pursuant to the act of congress, may establish, operate and maintain a foreign trade zone subject to the conditions and restrictions of the act of congress and any amendments thereto, and under such rules and regulations and for the period of time that may be prescribed by the board established by the act of congress to carry out the provisions of this act.
History:
1963, Act 154, Eff. Sept. 6, 1963
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 24 of 1968 - Division of International Commerce (447.101 - 447.103) › Section 447.101 - International Commerce Division; Creation, Director.

447.101 International commerce division; creation, director.
Sec. 1.
There is created in the department of commerce a division of international commerce. The head of the division of international commerce shall be the director who shall be directly responsible to the director of the department of commerce.
History:
1968, Act 24, Imd. Eff. May 17, 1968
Compiler's Notes:
For transfer of authority, powers, duties, functions, and responsibilities of the division of international commerce and foreign trade branch to the department of commerce and the authority, powers, duties, functions, and responsibilities of the Michigan international office, Michigan department of commerce, to the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 24 of 1968 - Division of International Commerce (447.101 - 447.103) › Section 447.102 - International Commerce Division; Performance of Duties Within Appropriations.

447.102 International commerce division; performance of duties within appropriations.
Sec. 2.
The division of international commerce within available appropriations shall accomplish the duties of the division prescribed by section 3.
History:
1968, Act 24, Imd. Eff. May 17, 1968
Compiler's Notes:
For transfer of authority, powers, duties, functions, and responsibilities of the division of international commerce and foreign trade branch to the department of commerce and the authority, powers, duties, functions, and responsibilities of the Michigan international office, Michigan department of commerce, to the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 23 of 1968 - Foreign Trade Branch of Department of Agriculture (447.121 - 447.123) › Section 447.121 - Foreign Trade Branch of Department of Agriculture Marketing Section; Creation.

447.121 Foreign trade branch of department of agriculture marketing section; creation.
Sec. 1.
There is created a foreign trade branch of the marketing section in the department of agriculture.
History:
1968, Act 23, Imd. Eff. May 17, 1968
Compiler's Notes:
For transfer of powers and duties of the Foreign Trade Branch of the Marketing Section and the World Trade Services Division from the Department of Agriculture to the Department of Commerce, see E.R.O. No. 1991-11 compiled at MCL 447.211 of the Michigan Compiled Laws.For transfer of authority, powers, duties, functions, and responsibilities of the division of international commerce and foreign trade branch to the department of commerce and the authority, powers, duties, functions, and responsibilities of the Michigan international office, Michigan department of commerce, to the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 23 of 1968 - Foreign Trade Branch of Department of Agriculture (447.121 - 447.123) › Section 447.122 - Foreign Trade Branch; Performance of Duties Within Appropriations.

447.122 Foreign trade branch; performance of duties within appropriations.
Sec. 2.
The foreign trade branch within available appropriations shall perform the duties of the branch prescribed by section 3.
History:
1968, Act 23, Imd. Eff. May 17, 1968
Compiler's Notes:
For transfer of authority, powers, duties, functions, and responsibilities of the division of international commerce and foreign trade branch to the department of commerce and the authority, powers, duties, functions, and responsibilities of the Michigan international office, Michigan department of commerce, to the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 23 of 1968 - Foreign Trade Branch of Department of Agriculture (447.121 - 447.123) › Section 447.123 - Foreign Trade Branch; Powers and Duties.

447.123 Foreign trade branch; powers and duties.
Sec. 3.
The foreign trade branch shall:
(a) Conduct research on foreign laws and regulations affecting sales of agricultural products of this state abroad.
(b) Identify foreign markets for agricultural commodities.
(c) Identify products of this state for promotion abroad.
(d) Design and execute commodity programs for individual country markets.
(e) Conduct programs to encourage greater awareness and participation of the farm community of this state in export sales.
(f) Encourage and assist the expansion of international activities by the various commodity commissions.
(g) Encourage and assist the expansion of international activities by farm organizations.
(h) Coordinate relationships and communications with the foreign agriculture service, national commodity groups, United States bureau of commerce, national trade associations and other national agencies in requests for agriculture trade leads either for Michigan suppliers or in cooperation with suppliers in other states.
(i) Encourage Michigan agricultural industry participation in F.A.S. and bureau of commerce sponsored trade fairs and missions.
(j) Organize, correlate and implement state, industry and commodity groups on foreign visits and trade missions; selecting potential market areas; developing and publishing market surveys for potential penetration by Michigan suppliers.
(k) Conduct foreign market research to determine areas where promotion of Michigan products should be concentrated.
(l) Develop or cause to be developed, multilingual promotional materials for foreign distribution. Develop English versions of foreign promotional presentations for domestic markets and be responsible for appropriate distribution of all trade material developed to aid Michigan shippers and foreign buyers.
History:
1968, Act 23, Imd. Eff. May 17, 1968
Compiler's Notes:
For transfer of authority, powers, duties, functions, and responsibilities of the division of international commerce and foreign trade branch to the department of commerce and the authority, powers, duties, functions, and responsibilities of the Michigan international office, Michigan department of commerce, to the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.151 - Short Title.

447.151 Short title.
Sec. 1.
This act shall be known and may be cited as the “Michigan export development act”.
History:
1986, Act 157, Imd. Eff. July 7, 1986
Compiler's Notes:
For transfer of the Michigan Export Development Authority from the Department of Agriculture to the Department of Commerce with rulemaking, licensing, and registration functions to be exercised by the Authority independent of the Director of the Department of Commerce, see E.R.O. No. 1991-11, compiled at MCL 447.211 of the Michigan Compiled Laws.For naming of the Michigan export development authority as the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.152 - Definitions.

447.152 Definitions.
Sec. 2.
As used in this act:
(a) “Authority” means the Michigan export development authority created by section 3.
(b) “Board” means the board of directors of the authority established by section 4.
(c) “Eligible export loan” means a loan by a participating financial institution located within this state the proceeds of which are restricted to the financing of eligible export transactions.
(d) “Eligible export transaction” means the sale of goods or services, or the development of goods or services for sale, outside of the United States by a person doing business in this state, which goods or services, in the judgment of the authority, have a substantial portion of their value created within this state and which sale or development, in the judgment of the authority, creates or maintains employment in this state.
(e) “Export insurance” means insurance made available by the authority to protect an exporter against a foreign buyer's failure to pay for goods or services for political or commercial reasons. The amount of the loss covered for each transaction and particular risks shall be determined by the authority.
(f) “Grant” means an amount of money provided by the authority to a nonprofit organization.
(g) “Guarantee” means a guarantee against loss, in whole or in part, of principal of and interest on an eligible export loan. The guarantee may include, without limitation, insurance against loss up to the guarantee amount. A single guarantee may encompass several individual eligible export loans or eligible export transactions.
(h) “Guarantee amount” means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.
(i) “Participating financial institution” means a bank as defined by the banking code of 1999, 1999 PA 276, MCL 487.11101 to 487.15105, an agency or branch of a foreign banking corporation licensed by the commissioner of the financial institutions bureau, or a national bank, state or federal savings and loan association, or savings bank or federal credit union located within this state that has been approved by the board to participate in guaranteed funding for eligible export loans and transactions within the purposes of this act.
History:
1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990 ;-- Am. 2000, Act 444, Imd. Eff. Jan. 9, 2001
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.153 - Michigan Export Development Authority; Creation; Budgeting, Procurement, and Related Functions; Purpose of Authority.

447.153 Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.
Sec. 3.
(1) The Michigan export development authority is created as a body politic and corporate within, but not as a part of, the department of agriculture. The authority shall exercise the authority's prescribed statutory powers, duties, and functions independently of the director of the department of agriculture and independently of the commission of agriculture. The budgeting, procurement, and related functions of the authority shall be performed under the direction and supervision of the director of the department of agriculture.
(2) The purpose of the authority is:
(a) To assist, promote, encourage, develop, and advance economic prosperity and employment throughout this state by fostering the expansion of exports of goods and services to foreign purchasers.
(b) To cooperate and act in conjunction with other organizations, public and private, the objects of which are the promotion and advancement of export trade activities in this state.
(c) To provide guarantees and grants and to locate sources and export insurance to support export development not otherwise available.
(d) To provide information and referrals to, and to act as a clearinghouse for, potential and existing exporters.
History:
1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990
Compiler's Notes:
For naming of the Michigan export development authority as the Michigan international trade authority, see E.R.O. No. 1994-3, compiled at MCL 447.212 of the Michigan Compiled Laws.
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.155 - Effect of Vacancy in Membership of Board; Authorization and Effective Date of Action by Board; Delegation of Powers and Duties; Liability or Accountability on Contract, Commitment, or Agreement; Liability for Damage or Injury; Indemnification of Board Members and Staff Officers; Appointment of Employees to Unclassified Positions; Terms.

447.155 Effect of vacancy in membership of board; authorization and effective date of action by board; delegation of powers and duties; liability or accountability on contract, commitment, or agreement; liability for damage or injury; indemnification of board members and staff officers; appointment of employees to unclassified positions; terms.
Sec. 5.
(1) A vacancy in the membership of the board shall not impair the right of a quorum to exercise all rights and perform all the duties of the board. An action taken by the board may be authorized by resolution at a regular or special meeting and shall take effect upon the date the resolution is approved by the board unless some other date is provided in the resolution.
(2) The board may delegate to 1 or more of its members or to an official, agent, or employee of the authority the powers and duties as the board considers proper.
(3) A member of the board or a person acting on behalf of the authority executing a contract, commitment, or agreement issued under this act shall not be personally liable or accountable on the contract, commitment, or agreement.
(4) A member of the board or a person acting on behalf of the authority shall not be liable personally for damage or injury resulting from the performance of his or her duties arising under this act. The authority shall indemnify and procure insurance indemnifying the members of the board and staff officers appointed by a resolution of the board from personal loss or accountability from liability asserted by a person on the bonds or notes of the fund or from any personal liability or accountability by reason of the issuance of the bonds, notes, insurance, or guarantees; or by reason of any other action taken or the failure to act by the authority.
(5) The board may appoint up to 2 employees to unclassified positions not included in the state civil service to serve for terms at the pleasure of the board.
History:
1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.156 - Conducting Business at Public Meeting; Notice; Availability of Writings to Public; Confidentiality.

447.156 Conducting business at public meeting; notice; availability of writings to public; confidentiality.
Sec. 6.
(1) The business which the authority may perform shall be conducted at a public meeting of the authority held in compliance with the open meetings act, Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place of the meeting shall be given in the manner required by Act No. 267 of the Public Acts of 1976.
(2) Except as provided in subsection (3), all writing prepared, owned, used, in the possession of, or retained by the authority in the performance of an official function shall be made available to the public in compliance with the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws.
(3) Information submitted to or compiled by the authority in connection with the authority's responsibilities with respect to the identity, background, finance, marketing plans, trade secrets, or any other commercially sensitive information of persons, firms, associations, partnerships, agencies, corporations, or other entities is confidential, except to the extent that the person or entity which provided the information consents to disclosure.
History:
1986, Act 157, Imd. Eff. July 7, 1986
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.158 - Guarantee or Export Insurance for Eligible Export Transaction; Requirements; Fees; Determinations; Condition to Provision of Guarantee or Export Insurance.

447.158 Guarantee or export insurance for eligible export transaction; requirements; fees; determinations; condition to provision of guarantee or export insurance.
Sec. 8.
(1) The authority may provide a guarantee or export insurance for an eligible export transaction. Any guarantee or export insurance entered into by the authority under this act shall not constitute a general obligation of this state. Guarantees or export insurance provided by the authority under this act shall not be terminated, canceled, or otherwise revoked except in accordance with the terms of the guarantee or export insurance; shall be conclusive evidence that the guarantee or export insurance complies fully with the provisions of this act; and shall be valid and incontestable in the hands of a holder in due course of a guaranteed eligible export loan.
(2) The authority may charge reasonable fees for providing guarantee or export insurance pursuant to this section to a participating financial institution.
(3) Before providing financing for an eligible export transaction, a participating financial institution shall determine the exporter's viability, the economic benefits to be derived from the eligible export transaction, the prospects for repayment, and any other facts that it considers necessary in order to determine that the guarantee or export insurance is consistent with the purposes of this act.
(4) The authority shall provide the guarantee only if, and to the extent that, the authority determines in its sole discretion that at least 1 of the following is true:
(a) The guarantee is reasonably necessary in order to stimulate or facilitate the making of an eligible export transaction including, without limitation, the making of the eligible export transaction upon terms that will enable the transaction to be reasonably competitive with transactions in other states or in foreign countries.
(b) The guarantee is reasonably necessary in order to stimulate or facilitate the resale of an eligible export loan to a holder in due course that otherwise would not purchase the eligible export loan and documentation is provided by the financial institution indicating refusal to provide a loan sufficient for the eligible export transaction.
(5) The authority may condition the provision of guarantee or export insurance under this section upon such other terms and conditions as the authority considers desirable to carry out the purposes of this act.
History:
1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.158a - Grant to Non-Profit Organization; Purposes.

447.158a Grant to non-profit organization; purposes.
Sec. 8a.
The authority may provide a grant to a non-profit organization for 1 or more of the following purposes:
(a) To encourage establishment or expansion of business operations related to exports which will create or maintain employment in this state.
(b) To research industrial and commercial innovations which are likely to increase exports from this state.
(c) To conduct market research to determine the potential for increasing goods and services from this state.
History:
Add. 1990, Act 304, Imd. Eff. Dec. 14, 1990
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.159 - Bonds Generally.

447.159 Bonds generally.
Sec. 9.
The authority may issue, sell, and provide for the retirement of bonds in the amount of $50,000,000.00 to provide funds for the creation and operation of the authority. These bonds shall be limited obligations of the authority, the principal of and interest on which shall be payable solely out of the revenues derived by the authority. Bonds issued under this act shall not constitute an indebtedness of the state or the uthority within the meaning of any state constitutional provision or statutory limitation, but the bonds shall be indebtedness payable solely from bond revenues and fees, interest on the revenues and fees, and funds established for the payment of the bonds, and shall not constitute nor give rise to a pecuniary liability of the state or the authority, to a charge against the general credit of the authority or the state, or to a charge against the taxing powers of the state, and that fact shall be plainly stated on the face of each bond.
History:
1986, Act 157, Imd. Eff. July 7, 1986
2023 Michigan Compiled Laws › Chapter 447 - Foreign Trade › Act 157 of 1986 - Michigan Export Development Act (447.151 - 447.168) › Section 447.160 - Bonds and Notes Generally.

447.160 Bonds and notes generally.
Sec. 10.
(1) Bonds issued under this act may be executed and delivered at any time, may be issued as a single issue or from time to time as several issues, may be in the form and denominations, may be in coupon or registered form, may be payable in installments and at such time or times not exceeding 30 years from their date, may be subject to the terms of redemption, may be payable at such place or places, may bear interest at the rate or rates as may be set, reset, or calculated from time to time, or may bear no interest and may contain provisions not inconsistent with this act, all of which shall be provided in the resolution of the authority authorizing the bonds.
(2) Bonds issued under the authority of this act may be sold at public or private sale at the price and in the manner and from time to time as may be determined by the authority to be most advantageous. The authority may pay all expenses, premiums, insurance premiums, and commissions that the authority considers necessary or advantageous in connection with the authorization, sale, and issuance of the bonds from proceeds of the bonds.
(3) Bonds or notes issued by the authority are subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. The bonds issued by the authority are not required to be registered. A filing of a bond of the authority is not required under the uniform securities act, 1964 PA 265, MCL 451.501 to 451.818, or the uniform securities act (2002), 2008 PA 551, MCL 451.2101 to 451.2703.
History:
1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990 ;-- Am. 2002, Act 302, Imd. Eff. May 9, 2002 ;-- Am. 2009, Act 81, Imd. Eff. Aug. 31, 2009