Michigan Laws > Chapter 123 > Act 380 of 1913 – Gifts of Property
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| § 123.872 | Loan or grant to assist businesses or for public purposes; assignment of right to repayment; loan revenue bonds; agreement with federal government or agency |
Terms Used In Michigan Laws > Chapter 123 > Act 380 of 1913 - Gifts of Property
- 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.
- Personal property: All property that is not real property.
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.