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Form a Business

Definitions.

MCL 445.991
in effect
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445.991. Definitions. Sec. 1. As used in this act: (a) "Lease contract" means a contract for the lease of a motor vehicle by a natural person for a term exceeding 30 days. (b) "Lessee" means a natural person who leases a motor vehicle under a lease contract. (c) "Lessor" means a natural person, partnership, corporation, association, or other legal entity that is engaged in the business of leasing, offering to lease, or arranging the lease of a motor vehicle under a lease contract. (d) "Motor vehicle" means a vehicle, including passenger vans and minivans, that is self-propelled, that is capable of being operated on a highway or street in this state, and that is primarily intended for the transport of persons. 1990, Act 169, Eff. Jan. 1, 1991
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-445-991Fetched: 10/20/2026

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