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Terms Used In Michigan Laws 800.334

  • 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.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
     Any person, firm or corporation who wilfully violates any of the provisions of this act is guilty of a misdemeanor.