Michigan § 554.907 - Definitions; M to O.
Full text of Michigan Michigan Compiled Laws § 554.907 — Definitions; M to O., with citation guidance and answers to common questions.
§ 554.907. Definitions; M to O.
As used in this act:
(a) "Member" means an individual who enters into a continuing care agreement with a continuing care community.
(b) "Monthly service fee" means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.
(c) "Nonrefundable portion of the entrance fee" means the amortized component of an entrance fee and any other component of an entrance fee that is not refundable upon termination of the member under the terms and conditions of a continuing care agreement.
(d) "Offer of a continuing care agreement" includes an attempt to offer to sell, or a solicitation of an offer to enter into, a continuing care agreement.
(e) "Order" means a consent, authorization, approval, prohibition, or requirement applicable to a specific case issued by the department.
Frequently Asked Questions About Michigan § 554.907
What does Michigan Compiled Laws § 554.907 cover?
Section 554.907 ("Definitions; M to O.") 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 § 554.907?
A common citation format is "Michigan Compiled Laws § 554.907" (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 § 554.907 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.