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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 4. The department may do all of the following:
(a) Develop, collect, and disseminate information useful to persons and organizations throughout the state in undertaking or promoting the establishment and successful operation of employee-owned corporations.
(b) Evaluate the feasibility and economic viability of a proposed employee-owned corporation.
(c) Provide technical assistance and counseling services to persons who seek to form an employee-owned corporation.
(d) Provide assistance, counseling, and training in the operation of an employee-owned corporation.
(e) Assist persons in obtaining financing for the purchase and operation of an employee-owned corporation.
(f) Promote and coordinate the efforts of local, state, federal, and private agencies to assist in the formation or operation of an employee-owned corporation.
(g) Recommend appropriate legislative or executive action to enhance opportunities for employee-owned corporations in this state.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 450. Corporations § 450.734 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-450-corporations/mi-comp-laws-450-734/
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