Michigan Compiled Laws
Act 198 of 1984 - Michigan Business Incubation Act (125.1571 - 125.1586)
Section 125.1572 - Definitions.

Sec. 2.
As used in this act:
(a) "Business incubation center" or "center" means a building described in section 3.
(b) "Community board" or "board" means a board created pursuant to section 4.
(c) "Department" means the department of commerce.
(d) "Educational institution" means a local school district, an intermediate school district, or a college, university, community college, or junior college within this state.
(e) "Local governmental unit" means a county, township, city, or village within this state.
History: 1984, Act 198, Imd. Eff. July 3, 1984

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 198 of 1984 - Michigan Business Incubation Act (125.1571 - 125.1586)

Section 125.1571 - Short Title.

Section 125.1572 - Definitions.

Section 125.1573 - Designation of Business Incubation Centers; Purpose; Title to or Lease of Building; Priority of Proposals.

Section 125.1574 - Community Board; Appointment or Designation; Membership; Chairperson; Compensation Prohibited; Terms; Conducting Business at Public Meeting; Notice; Availability of Writings to Public; Disclosing Matters of Proprietary Nature.

Section 125.1575 - Community Board; Duties; Petition for Designation.

Section 125.1576 - Feasibility Study; Factors; Notice of Decision; Reapplication or Designation.

Section 125.1577 - Period of Designation; Return of Building to Previous State; Notification; Publicizing Closing Date.

Section 125.1578 - Application to Start or Expand Small Business in Business Incubation Center; Contents; Waiver for Existing Business.

Section 125.1579 - Evaluation of Applicants; Factors; Notice of Rejection; Notice of Favorable Evaluation.

Section 125.1580 - Report; Hiring Management Consultants or Contracting With Management Consulting Firm.

Section 125.1581 - Lessee of Business Incubation Center; Duties.

Section 125.1582 - Lessee Benefits.

Section 125.1583 - Powers and Duties of Department Generally.

Section 125.1584 - Administration of State Funding.

Section 125.1585 - Annual Appropriation.

Section 125.1586 - Reports.