Michigan § 125.811 - Rebate; reimbursement form; amount; review and approval; eligibility; prohibitions.
Full text of Michigan Michigan Compiled Laws § 125.811 — Rebate; reimbursement form; amount; review and approval; eligibility; prohibitions., with citation guidance and answers to common questions.
§ 125.811. Rebate; reimbursement form; amount; review and approval; eligibility; prohibitions.
A business firm shall receive from a neighborhood organization with which it has entered into a neighborhood assistance project a reimbursement form for a rebate. The reimbursement form shall be submitted to the department for an amount not to exceed 50% of the total amount contributed by the business firm to a project approved by the department. The department shall review the reimbursement form and approve the rebate within 30 days after receipt of the form.
A contribution by a business firm shall be eligible for rebate the first year for that portion that exceeds the total contributions by the firm for the project in the previous year.
A rebate shall not be issued to a business firm until after a contribution has been received for a project by the neighborhood organization implementing that project.
A rebate for any specific business firm shall not exceed $50,000.00 for the first year of the neighborhood assistance project. The total amount of the rebate may be increased by not more than $50,000.00 each year for the succeeding 4 years so that in the fifth consecutive year, and each year thereafter, the rebate shall be a maximum of $250,000.00.
A rebate shall not be granted to a bank, insurance company, trust company, building and loan or savings and loan association, or a credit union for activities that are considered a part of its normal course of business.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.811
What does Michigan Compiled Laws § 125.811 cover?
Section 125.811 ("Rebate; reimbursement form; amount; review and approval; eligibility; prohibitions.") 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 § 125.811?
A common citation format is "Michigan Compiled Laws § 125.811" (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 § 125.811 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.