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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 3. (1) The unemployment insurance agency shall establish policies in conformity with this act to do all of the following:
(a) Reduce and prevent unemployment.
(b) Promote the reemployment of unemployed workers throughout this state in every other way that may be feasible.
(c) Carry on and publish the results of investigations and research studies.
(d) Investigate, recommend, advise, and assist in the establishment and operation, by municipalities, counties, school districts, and this state, of reserves for public works to be used in times of business depression and unemployment.
(2) As used in this act:
(a) “Bureau”, “commission”, “unemployment agency”, and “unemployment insurance agency” mean the unemployment insurance agency created within the department of labor and economic growth under Executive Reorganization Order No. 2003-1, MCL 445.2011.
(b) “Director” means the director of the unemployment insurance agency.
(c) “Experience account” means an account in the unemployment compensation fund showing an employer's experience with respect to contribution payments and benefit charges under this act, determined and recorded in the manner provided in this act. A reference in this act to an employer's “experience record” or “rating account” shall be construed to include reference to the employer's experience account.
(d) “Nonchargeable benefits account” and “solvency account” mean the account in the unemployment compensation fund maintained as provided in section 17(2) and (3). 1
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 421. Employment Security § 421.3 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-421-employment-security/mi-comp-laws-421-3/
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