Michigan § 447.153 - Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.
Full text of Michigan Michigan Compiled Laws § 447.153 — Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority., with citation guidance and answers to common questions.
§ 447.153. Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.
The Michigan export development authority is created as a body politic and corporate within, but not as a part of, the department of agriculture. The authority shall exercise the authority's prescribed statutory powers, duties, and functions independently of the director of the department of agriculture and independently of the commission of agriculture. The budgeting, procurement, and related functions of the authority shall be performed under the direction and supervision of the director of the department of agriculture.
The purpose of the authority is:
To assist, promote, encourage, develop, and advance economic prosperity and employment throughout this state by fostering the expansion of exports of goods and services to foreign purchasers.
To cooperate and act in conjunction with other organizations, public and private, the objects of which are the promotion and advancement of export trade activities in this state.
To provide guarantees and grants and to locate sources and export insurance to support export development not otherwise available.
To provide information and referrals to, and to act as a clearinghouse for, potential and existing exporters.
Frequently Asked Questions About Michigan § 447.153
What does Michigan Compiled Laws § 447.153 cover?
Section 447.153 ("Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 447.153?
A common citation format is "Michigan Compiled Laws § 447.153" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 447.153 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.