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§ 445.991 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 445 - Trade and Commerceact 101 of 1907 - Carrying on Business Under Assumed or Fictitious Name (445.1 - 445.5)/
  5. Statute Act 169 of 1990/
  6. § 445.991
Michigan Legal Code

§ 445.991

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445.991 Definitions. Sec. 1. As used in this act: (a) 'Lease contract' means a contract for the lease of a motor vehicle by a natural person for a term exceeding 30 days. (b) 'Lessee' means a natural person who leases a motor vehicle under a lease contract. (c) 'Lessor' means a natural person, partnership, corporation, association, or other legal entity that is engaged in the business of leasing, offering to lease, or arranging the lease of a motor vehicle under a lease contract. (d) 'Motor vehicle' means a vehicle, including passenger vans and minivans, that is self-propelled, that is capable of being operated on a highway or street in this state, and that is primarily intended for the transport of persons. History: 1990, Act 169, Eff. Jan. 1, 1991