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On March 18, 2015, Snyder signed an executive order to form the Michigan Agency for Energy with in LARA in 60 days. On January 17, 2013, Governor Snyder ordered that the Office of Financial and Insurance Regulation be transferred out of the department to form a new Michigan Department of Insurance and Financial Services effective March 19, 2013 ...
Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...
The Michigan Liquor Control Commission was established when Michigan voters approved a legislatively referred amendment to the Michigan Constitution by way of a statewide ballot measure in November 1932. [4] The state's first liquor control act, which went into effect April 27, created a 17-member commission, one from each Congressional ...
v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...
v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .
Source: MLive [1] The Michigan Regulation and Taxation of Marihuana Act, also known as Proposal 1, was an initiative that appeared on the November 2018 ballot to legalize cannabis in the U.S. state of Michigan. The initiative allows adults 21 and older to possess up to 2.5 ounces (71 g) of cannabis and to grow up to 12 plants at home. [2]
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