Michigan Laws 446.163 – Definitions
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Terms Used In Michigan Laws 446.163
- Allegation: something that someone says happened.
- 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.
- 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.
- Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 446.163
As used in this act:
(a) “Person” means an individual, partnership, corporation, association, governmental entity, or other legal entity.
(b) “Target” means a person that purchases, rents, leases, or otherwise obtains a product or service in the commercial market that is not for resale in the commercial market and that is, or later becomes, the subject of the patent infringement allegation.