Section 24.207a “Small Business” Defined.

MI Comp L § 24.207a (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 7a.

“Small business” means a business concern incorporated or doing business in this state, including the affiliates of the business concern, which is independently owned and operated and which employs fewer than 250 full-time employees or which has gross annual sales of less than $6,000,000.00.

History: Add. 1984, Act 273, Eff. Mar. 29, 1985 ;-- Am. 1999, Act 262, Eff. Apr. 1, 2000 Popular Name: Act 306Popular Name: APA