Terms Used In Michigan Laws > Chapter 421 > Act 48 of 1982 - Michigan Business and Industrial Training Act

• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Department: means the department of labor. See Michigan Laws 421.222
• Employer: means an individual, partnership, corporation, or other legal entity that employs or plans to employ skilled workers. See Michigan Laws 421.222
• Job upgrading: means the specialized training that is given to an identified level of employees to enable them to advance to a higher level of employment. See Michigan Laws 421.222
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Program: means the Michigan business and industrial training program established pursuant to section 3. See Michigan Laws 421.222
• state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
• Training: means custom-designed training given to prospective employees of new businesses and industries within this state; to employees, prospective employees, or both, of expanding businesses and industries within this state; and to employees, prospective employees, or both, of businesses and industries within this state that possibly would relocate without this training. See Michigan Laws 421.222