24.207a “Small business” defined.
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/mi/chapter-24/24-207aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
24.207a “Small business” defined.
Sec. 7a.
"Small business" means a business concern incorporated or doing business in this state, including the affiliates of the business concern, which is independently owned and operated and which employs fewer than 250 full-time employees or which has gross annual sales of less than $6,000,000.00.
History: Add. 1984, Act 273, Eff. Mar. 29, 1985 ;-- Am. 1999, Act 262 , Eff. Apr. 1, 2000
Popular Name: Act 306
Popular Name: APA