Michigan § 125.2956 - Next Michigan development corporation; powers, duties, and responsibilities.
Full text of Michigan Michigan Compiled Laws § 125.2956 — Next Michigan development corporation; powers, duties, and responsibilities., with citation guidance and answers to common questions.
§ 125.2956. Next Michigan development corporation; powers, duties, and responsibilities.
(1) A next Michigan development corporation shall seek to attract eligible next Michigan businesses to its next Michigan development district and may exercise all of the powers, privileges, and responsibilities granted to it under state law, including, but not limited to, the powers, privileges, and responsibilities granted in the Michigan renaissance zone act, 1996 PA 376, MCL 125.2681 to 125.2696, the local development financing act, 1986 PA 281, MCL 125.2151 to 125.2174, section 9f of the general property tax act, 1893 PA 206, MCL 211.9f, 1974 PA 198, MCL 207.551 to 207.572, and other relevant law.
(2) The Michigan economic development corporation shall market the next Michigan development corporations.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.2956
What does Michigan Compiled Laws § 125.2956 cover?
Section 125.2956 ("Next Michigan development corporation; powers, duties, and responsibilities.") 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 § 125.2956?
A common citation format is "Michigan Compiled Laws § 125.2956" (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 § 125.2956 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.