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2006 Michigan Compiled Laws - Act 198 of 1984


MICHIGAN BUSINESS INCUBATION ACT

Act 198 of 1984

AN ACT to encourage and assist in the establishment and expansion of certain small businesses within this state through the creation of business incubation centers; to provide for community boards and to prescribe their powers and duties; to prescribe the duties of the department of commerce; to prescribe the duties of, and certain benefits provided to, lessees of business incubation centers; and to make an appropriation.


History: 1984, Act 198, Imd. Eff. July 3, 1984
Compiler's Notes: For transfer of powers and duties under the Michigan business incubation act from the department of commerce to the chief executive officer of the Michigan jobs commission, see E.R.O. No. 1996-2, compiled at MCL 445.2001 of the Michigan Compiled Laws.




The People of the State of Michigan enact:

DocumentDescription
Section 125.1571Short title.
Section 125.1572Definitions.
Section 125.1573Designation of business incubation centers; purpose; title to or lease of building; priority of proposals.
Section 125.1574Community 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 125.1575Community board; duties; petition for designation.
Section 125.1576Feasibility study; factors; notice of decision; reapplication or designation.
Section 125.1577Period of designation; return of building to previous state; notification; publicizing closing date.
Section 125.1578Application to start or expand small business in business incubation center; contents; waiver for existing business.
Section 125.1579Evaluation of applicants; factors; notice of rejection; notice of favorable evaluation.
Section 125.1580Report; hiring management consultants or contracting with management consulting firm.
Section 125.1581Lessee of business incubation center; duties.
Section 125.1582Lessee benefits.
Section 125.1583Powers and duties of department generally.
Section 125.1584Administration of state funding.
Section 125.1585Annual appropriation.
Section 125.1586Reports.

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