447.202 Definitions.
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/mi/chapter-447/447-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
447.202 Definitions.
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