For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Interest, earnings, and gifts; expenditures.

MCL 206.1047
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
206.1047. Interest, earnings, and gifts; expenditures. Sec. 7. (1) The money, interest, and earnings of the fund shall be expended solely for the purposes described in this act. (2) Money granted or received as a gift or donation to the fund is available for distribution upon appropriation to each county from which a contribution, gift, or donation was received. 2018, Act 255, Imd. Eff. June 28, 2018
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-206-1047Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements