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    • Legislation USA
    • Michigan Compiled Laws
    • Chapter 450 - Corporations
    • Act 152 of 1985 - The Employee-Owned Corporation Act (450.731 - 450.738)

    Michigan Compiled Laws
    Chapter 450 - Corporations
    Act 152 of 1985 - The Employee-Owned Corporation Act (450.731 - 450.738)

    Section 450.731 - Short Title. - Sec. 1. This act shall be known and may be...

    Section 450.732 - Definitions. - Sec. 2. As used in this act: (a) "Closing" means...

    Section 450.733 - Program to Assist in Developing Employee-Owned Corporations; Establishment; Operation; Duty of Department. - Sec. 3. The department, in cooperation with the department of...

    Section 450.734 - Powers of Department Generally. - Sec. 4. The department may do all of the following:...

    Section 450.735 - Assistance in Implementing MCL 450.734. - Sec. 5. Each principal department and the economic advisory council,...

    Section 450.736 - Notice of Decision to Close or Relocate Operations. - Sec. 6. The department shall encourage those business establishments considering...

    Section 450.737 - Feasibility Study; Informational Meeting. - Sec. 7. If the department becomes aware pursuant to a...

    Section 450.738 - Conditional Effective Date. - Sec. 8. This act shall not take effect unless House...

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