Michigan Compiled Laws
Act 296 of 2003 - Michigan Early Stage Venture Investment Act of 2003 (125.2231 - 125.2263)
Section 125.2263 - Conditional Effective Date.

Sec. 33.
This act does not take effect unless all of the following bills of the 92nd Legislature are enacted into law:
(a) Senate Bill No. 835.
(b) House Bill No. 5322.
History: 2003, Act 296, Imd. Eff. Jan. 8, 2004

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Structure Michigan Compiled Laws

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.

Section 125.2232 - Legislative Findings; Declaration.

Section 125.2233 - Definitions.

Section 125.2235 - Incorporation as Nonprofit Corporation.

Section 125.2237 - Articles of Incorporation; Contents.

Section 125.2239 - Articles of Incorporation; Review and Certification by Attorney General; Exception.

Section 125.2241 - Filing With State Treasurer; Exception.

Section 125.2243 - Board of Directors.

Section 125.2245 - Delegation of Certain Acts; Fund Manager as Fiduciary; Evaluation of Business and Industry for Investment Purposes.

Section 125.2247 - Agreements With Investors; Modification of Existing Agreement.

Section 125.2249 - Michigan Early Stage Venture Investment Fund; Investment Plan; Criteria; Modification of Existing Agreement or Investment.

Section 125.2251 - Annual Financial Audit.

Section 125.2253 - Tax Voucher Certificates.

Section 125.2255 - Construction of Act.

Section 125.2257 - Annual Report.

Section 125.2259 - Actions Required.

Section 125.2261 - Expiration of Fund.

Section 125.2263 - Conditional Effective Date.