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Michigan Compiled Laws Complete Through PA 171 of 2017

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Act 198 of 1984
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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.


© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 125.1571SectionShort title.
Section 125.1572SectionDefinitions.
Section 125.1573SectionDesignation of business incubation centers; purpose; title to or lease of building; priority of proposals.
Section 125.1574SectionCommunity 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 125.1575SectionCommunity board; duties; petition for designation.
Section 125.1576SectionFeasibility study; factors; notice of decision; reapplication or designation.
Section 125.1577SectionPeriod of designation; return of building to previous state; notification; publicizing closing date.
Section 125.1578SectionApplication to start or expand small business in business incubation center; contents; waiver for existing business.
Section 125.1579SectionEvaluation of applicants; factors; notice of rejection; notice of favorable evaluation.
Section 125.1580SectionReport; hiring management consultants or contracting with management consulting firm.
Section 125.1581SectionLessee of business incubation center; duties.
Section 125.1582SectionLessee benefits.
Section 125.1583SectionPowers and duties of department generally.
Section 125.1584SectionAdministration of state funding.
Section 125.1585SectionAnnual appropriation.
Section 125.1586SectionReports.
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