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2022 Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 198 of 1984 - Michigan Business Incubation Act (125.1571 - 125.1586)
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.
- 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.
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