324.50102 Definitions; A to D. Sec. 50102. (1) 'Agency of this state' means a board, bureau, commission, department, or other division of the executive branch of government of this state. (2) 'Board' means the board of directors of the forest improvement district. (3) 'Bond' means a bond, note, or any other instrument issued to evidence indebtedness. (4) 'Cost-share payment' means a payment made by a forest improvement district pursuant to section 50145 to a member who owns or occupies forest land. (5) 'County with high unemployment' means a county with an annual unemployment rate, as reported by the Michigan employment security commission, higher than the mean annual unemployment rate of this state. (6) 'District' or 'forest improvement district' means a governmental subdivision of the state established under section 50123. History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA