Michigan § 460.806 - Definitions; P to R.
Full text of Michigan Michigan Compiled Laws § 460.806 — Definitions; P to R., with citation guidance and answers to common questions.
§ 460.806. Definitions; P to R.
(1) "Person" means an individual, corporation, association, partnership, governmental entity, or any other legal entity.
(2) "Power utility" means any person engaged or that may engage, inside or outside the state, in generating, transmitting, or distributing or furnishing electricity.
(3) "Power utility bond" means electric utility bonds, notes, or other evidences of indebtedness of a municipality, including refunding bonds issued to underwrite projects authorized by this act.
(4) "Revenues" means all fees, charges, moneys, profits, payment of principal of, or interest on, municipal or power utility bonds, or other gifts, grants, contributions and appropriations.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 460.806
What does Michigan Compiled Laws § 460.806 cover?
Section 460.806 ("Definitions; P to R.") 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 § 460.806?
A common citation format is "Michigan Compiled Laws § 460.806" (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 § 460.806 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.