Michigan § 125.2605 - Definitions.
Full text of Michigan Michigan Compiled Laws § 125.2605 — Definitions., with citation guidance and answers to common questions.
§ 125.2605. Definitions.
As used in this act:
"Board" means the board of directors of an enterprise community development corporation.
"Chief executive officer" means the mayor or city manager of a city, the president of a village, the supervisor of a township, or the county executive of a county or, if a county does not have a county executive, the chairperson of the county board of commissioners.
"Corporation" means an enterprise community development corporation organized under this act.
"Enterprise community" means an area designated as an enterprise community by the United States department of housing and urban development or the United States department of agriculture.
"Governing body" means the body in which the legislative powers of a municipality are vested.
"Municipality" means a county, city, village, or township.
"Strategic plan" means a plan agreed to by this state and a municipality concerning an enterprise community that includes both of the following:
Certification of the authority to adopt a strategic plan in an application for nomination as an enterprise community under applicable federal regulations.
A written commitment of this state and the municipality to adhere to the plan.
"Substantial interest" means 1 or more of the following:
Owning real property or a business located in the enterprise community.
Having a substantial demonstrable interest in real property or in a business located in the enterprise community.
Engaging in activities to improve the social and economic conditions of the enterprise community.
Frequently Asked Questions About Michigan § 125.2605
What does Michigan Compiled Laws § 125.2605 cover?
Section 125.2605 ("Definitions.") 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 § 125.2605?
A common citation format is "Michigan Compiled Laws § 125.2605" (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 § 125.2605 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.