Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263)

Section 125.2231 - Short Title. - Sec. 1. This act shall be known and may be...

Section 125.2232 - Legislative Findings; Declaration. - Sec. 2. (1) The legislature finds all of the following:...

Section 125.2233 - Definitions. - Sec. 3. As used in this act: (a) "Alternative energy...

Section 125.2235 - Incorporation as Nonprofit Corporation. - Sec. 5. (1) A Michigan early stage venture investment corporation...

Section 125.2237 - Articles of Incorporation; Contents. - Sec. 7. The articles of incorporation of a Michigan early...

Section 125.2239 - Articles of Incorporation; Review and Certification by Attorney General; Exception. - Sec. 9. (1) Prior to applying for registration as a...

Section 125.2241 - Filing With State Treasurer; Exception. - Sec. 11. (1) To apply for registration as a Michigan...

Section 125.2243 - Board of Directors. - Sec. 13. (1) A Michigan early stage venture investment corporation...

Section 125.2245 - Delegation of Certain Acts; Fund Manager as Fiduciary; Evaluation of Business and Industry for Investment Purposes. - Sec. 15. (1) Except as otherwise provided in this act,...

Section 125.2247 - Agreements With Investors; Modification of Existing Agreement. - Sec. 17. (1) Subject to subsection (9), to secure investment...

Section 125.2249 - Michigan Early Stage Venture Investment Fund; Investment Plan; Criteria; Modification of Existing Agreement or Investment. - Sec. 19. (1) A Michigan early stage venture investment corporation...

Section 125.2251 - Annual Financial Audit. - Sec. 21. The fund manager shall file an annual report...

Section 125.2253 - Tax Voucher Certificates. - Sec. 23. (1) The Michigan early stage venture investment corporation...

Section 125.2255 - Construction of Act. - Sec. 25. This act shall be construed liberally to effectuate...

Section 125.2257 - Annual Report. - Sec. 27. (1) The Michigan early stage venture investment corporation...

Section 125.2259 - Actions Required. - Sec. 29. Not later than 1 year after the effective...

Section 125.2261 - Expiration of Fund. - Sec. 31. The fund created in section 19 shall expire...

Section 125.2263 - Conditional Effective Date. - Sec. 33. This act does not take effect unless all...