Sec. 2.
As used in this act:
(a) “Department” means the department of agriculture.
(b) “Director” means the director of the department of agriculture.
(c) “Person” means an individual, corporation, association, partnership, governmental agency, or any other legal entity.
(d) “Qualifying financial institution” means a state or national chartered bank, a state or federal chartered credit union, a state or federal chartered savings and loan association, or savings bank, or an institution under the farm credit act of 1971, Public Law 92-181, 85 Stat. 583.
History: 1990, Act 359, Imd. Eff. Dec. 27, 1990
Structure Michigan Compiled Laws
Act 359 of 1990 - Michigan Farm Export Act (447.201 - 447.207)
Section 447.201 - Short Title.
Section 447.202 - Definitions.
Section 447.203 - Michigan Farm Export Loan Program; Creation; Administration; Purpose.
Section 447.204 - Duties of Director.
Section 447.205 - Loan Requirements.